real-time news and commentary for investors
Wednesday, Mar 16
2011, 11:36 AM
The Fed’s chief bank regulator says 30% of U.S. banks have supervisory ratings deemed...
The Fed’s chief bank regulator says 30% of U.S. banks have supervisory ratings deemed unsatisfactory. While banks’ asset quality is "stabilizing," conditions in real estate markets are "still very difficult” and the banking system is “still in the repair and recovery stage." Tougher regulations will “reflect the degree of systemic risk that individual banking organizations seem to pose.”