IMF's Lagarde: Turkish Central Bank has taken immediate measures

Following are the key quotes from International Monetary Fund Chief Christine Lagarde's interview on Bloomberg TV:

• Colombia, Phillippines and Mexico may lose big banks due to regulations.
• Market reaction to Turkey has been relatively moderate.
• Turkish central bank officials reacted very strongly, concerted.
• Brexit vote accelerates need to consolidate EU.
• Officials need to bring value to European people.
• Transparency needed for resolving Italy's bank issues.
• Italian officials have been 'spot on' in identifying Italian banking issues.
• Sees significant progress in macroeconomic situation of UK in recent years.
• Says UK should identify goals and timeline of Brexit.
• Global banks need to find sensible ways to reduce their costs.
• Helicopter money is fiscal stimulus to the extreme.
• Doing away with globalization is an illusion.