Compliance

10:06 AM
Reuters
Reuters
News
Connect Directly
RSS
E-Mail
50%
50%

Bernanke: U.S. Banking System Healthier After Crisis

Federal Reserve Chairman Ben Bernanke said on Thursday the U.S. banking system has made substantial progress toward becoming healthier since the financial crisis but noted there still were problem lending areas.

Federal Reserve Chairman Ben Bernanke said on Thursday the U.S. banking system has made substantial progress toward becoming healthier since the financial crisis but noted there still were problem lending areas.

"Conditions in the banking system -- and the financial sector more broadly -- have improved significantly in the past few years," he told a banking conference in Chicago.

Speaking by teleconference from Washington, he noted that the capital and liquidity position of banks have been strengthened but said home mortgage lending continues to be very tight. (Reporting By Glenn Somerville; Editing by Chizu Nomiyama)

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology - August 2014
Modern core systems are emerging as the foundations of effective channel integration and customer engagement initiatives.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
New IT Models for New Financial Services Challenges