The Bankwatch

Tracking the consumer evolution of financial services

U.S. Planning to Reveal Data on Health of Top Banks

I saw somewhere earlier that the President was planning a major economic speech tomorrow, and now this below is finally coming after being delayed while some banks announced.  This probably explains the context.

U.S. Planning to Reveal Data on Health of Top Banks | NYT

WASHINGTON — The Obama administration is drawing up plans to disclose the conditions of the 19 biggest banks in the country, according to senior administration officials, as it tries to restore confidence in the financial system without unnerving investors.

Written by Colin Henderson

April 14, 2009 at 20:46

Posted in Banking Strategy, regulation

Tagged with ,

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