Washington talks down nationalisation

Some of the main players in the United States's plans to fix the financial sector have been playing down the likelihood of nationalisation in recent days.

Tim Geithner, the US Treasury secretary; Ben Bernanke, the chairman of the Federal Reserve; and Sheila Bair, the chairman of the Federal Deposit Insurance Corporation have looked to quell market fears that Washington is about to take some of the country's biggest lenders, notably Citi and Bank of America, into state control.

Geithner told PB

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: