The Financial Services Roundtable

Main banner Flash

Federal Home Loan Bank Modernization GSE Regulatory Reform Homeownership Preservation HMDA Response RESPA Response Uniform National Financial Standards Other Issues

Community Service Roundtable Financial Scholarship

Membership Meetings Policy Committees Operational Committees Councils Roundtable Calendar Member Publications

Media submenu Flash

PRESS RELEASE

FOR IMMEDIATE RELEASE

Elise Brooks, (202) 589-2427

Roundtable Applauds Loan Increases and Strengthening Economy

Washington, D.C.—February 16, 2010-- The Financial Services Roundtable applauds the Treasury report that shows that the financial services industry dramatically increased lending in December. Major lenders increased their lending last month by an average of 9%, or $178.1 billion, the report said.

“The industry is working hard every day to restore the economy,” said Steve Bartlett, Financial Services Roundtable President. “Today’s report shows that the industry is lending and providing liquidity to strengthen the economy.”

The Financial Services Roundtable represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO.

Roundtable member companies provide fuel for America's economic engine, accounting directly for $84.7 trillion in managed assets, $948 billion in revenue, and 2.3 million jobs.

# # #