Federal Reserve Board Chairman Alan Greenspan warned Tuesday that the United States is not immune to an Asia-like financial crisis.

"Before we get too comfortable, I think we should note some parallels that tend to look all too close to home," said Mr. Greenspan, who spoke via a live satellite feed to a banking convention here.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.