Saturday, March 23, 2013

Fed's Raskin concerned how banks serve poor - MarketWatch

 

Raskin said in a speech to the National Community Reinvestment Coalition annual conference. Raskin said that community groups and bank supervisors must improve their communication. "If banking practices are undermining the ability of the economically marginalized to become financially included and to access the credit they need in an affordable way, regulators must move in quickly to stop the disorder and repair the broken windows of financial intermediation," Raskin said.

Fed's Raskin concerned how banks serve poor - MarketWatch

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