Fed's Bies on enterprise risk management

In the speech 'A bank supervisor's perspective on enterprise risk management' given on 28 April Susan Schmidt Bies of the Federal Reserve said the fast growth in commercial real estate lending by U.S. banks could lead to problems somewhere down the road.

"What you're seeing is the fastest growing types of loans on bank books are commercial real estate loans," Bies told a group of corporate risk managers in explaining why U.S. regulators had issued guidance on commercial real estate lending.

"The

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