Thursday, April 25, 2024

Yellen Says Banking System Healthy Despite Regional Woes

US Treasury Secretary Janet Yellen says regional banks have come under stress but the financial system overall is “well-capitalized” and lenders have “very solid earnings.” She made the comments in an interview with Annmarie Hordern on the sidelines of a Group of Seven gathering of finance officials in Niigata, Japan.

Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en

Latest news
Related news