Technology and flexibility the key to banks’ response to NY attacks, says Greenspan

WORLD TRADE CENTER AFTERMATH

WASHINGTON -- The US financial and banking system’s ability to overcome the operational difficulties created by the September 11 attacks on New York and Washington was a testament to its technology and flexibility, US Federal Reserve system chairman Alan Greenspan said in late October.

The response was a metaphor for the US economy’s ability to circumvent difficulties, innovate around obstacles and for the country’s decentralised and diversified economic structure, Greeenspan told the America

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: