Bernanke: Fed striving to ensure level playing field

US Federal Reserve chairman Ben Bernanke

More remains to be done at the international level to strengthen the global financial system, Ben Bernanke, the chair of the Federal Reserve, told lawmakers on Thursday.

"Key tasks ahead for the Basel Committee and the Financial Stability Board include determining how to further increase the loss-absorbing capacity of systemically important banking firms and strengthening resolution regimes to minimise adverse systemic effects from the failure of large, complex banks," Bernanke told the Senate

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