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Non-Tech : Banks--- Betting on the recovery

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From: tejek	5/6/2010 11:40:34 AM
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Bernanke optimistic about bank lending outlook By Greg Robb WASHINGTON (MarketWatch) -- Federal Reserve Board chairman Ben Bernanke said Thursday that there were some reasons for optimism about the outlook for bank lending although credit remains tight. In a speech to a conference on bank supervision sponsored by the Chicago Federal Reserve Bank, Bernanke pointed out that the Fed's latest senior loan officer survey found no net tightening in lending standards for small businesses for the first time since the summer of 2007. "Senior loan officers tell us, at least outside of commercial real estate, they anticipate a modest reduction in their troubled loans over the coming year," Bernanke said. "As a result, bank attitudes toward lending may be shifting," he said.

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