Fed's Bies on regulatory issues

In the speech 'Regulatory issues' given on 12 October Susan Bies of the Federal Reserve said banks were taking increased risks in real-estate lending, adding they could be hurt if interest rates rise or home prices decline.

"Banking supervisors have become concerned recently about apparent increased risk-taking in both commercial and real estate lending," Bies said in remarks prepared for delivery to the National Bankers Association annual convention in Beverly Hills, California.

Bies said

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