Ben Bernanke, chairman of the Federal Reserve, today hailed the "significant" progress made towards "restoring the banking system to good health" in the US.
Speaking via satellite at the 48th Annual Conference on Bank Structure and Competition in Chicago, Bernanke also highlighted the challenges banks are facing in adapting to the post-crisis economic and regulatory environment.
Bernanke said that since the financial crisis risk-based capital and leverage ratios for banks of all sizes had improv
- Central bank digital currency a ‘terrible idea’, US Congress told
- Trump criticises Fed over rate rises and threatens higher tariffs
- People: Olli Rehn enters office as Bank of Finland governor
- Podcast: David Vines on how to reform the DSGE model
- Implementation of new Sofr rate is “ahead of schedule”, says Fed vice-chair