90 at 9: Geithner reassures on US bank capital, but IMF warns of US$4.1 trln of losses

90 at 9: Geithner reassures on US bank capital, but IMF warns of US$4.1 trln of losses


Bernard Hickey details the key news overnight in 90 seconds at 9am, including US Treasury Secretary Timothy Geithner reassuring investors that the majority of US banks are well capitalised, but that the IMF has forecast bank losses globally of US$4 trillion.

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.