http://blogs.reuters.com/great-debate/2009/02/17/financial-strains-show-first-sign-of-easing/ Fri, 24 May 2013 09:03:55 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/great-debate/2009/02/17/financial-strains-show-first-sign-of-easing/comment-page-1/#comment-8087 Bull Run Tue, 17 Feb 2009 16:57:52 +0000 http://blogs.reuters.com/great-debate/?p=2100#comment-8087 It's true US banks are holding more than their required reserves, but US banking reserves requirements are extremely low by most standards. Canadian Bank reserve requirements are 3 times higher than US banking requirements, and Canadian Chartered Banks are holding higher reserves than required. One of the reasons US banks fail everytime there is a recession, while No Chartered Bank has failed even in the 1930's. It’s true US banks are holding more than their required reserves, but US banking reserves requirements are extremely low by most standards. Canadian Bank reserve requirements are 3 times higher than US banking requirements, and Canadian Chartered Banks are holding higher reserves than required. One of the reasons US banks fail everytime there is a recession, while No Chartered Bank has failed even in the 1930′s.

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