Bad Office Loans Mount at Bank of America, Wells Fargo

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13 Jan 2024 0 shares 1 views

Bad Office Loans Mount at Bank of America, Wells Fargo

Upworthy

Published 13 Jan 2024

Major US lenders, including Bank of America Corp. and Wells Fargo & Co., wrote off more of their commercial-property loans as remote work and higher interest rates pummel the valuations of US offices. • None Iran Wins With US Airstrikes on Houthis in Yemen • None Large Backers of Private Equity…

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Full Article

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Risk Losing $24,400,000,000 As Number of Troubled Loans Erupt: Report

Optimism in the US banking industry is being threatened by a growing pile of bad loans, putting pressure on the sector’s biggest..

Upworthy 15 Jan 2024

Jump in Bad Loans Threatens Big Banks’ Earnings

The specter of an increase in bad debt hangs over America’s largest lenders. Banks such as JPMorgan Chase and Wells Fargo will..

Upworthy 08 Jan 2024

Bad Office Loans Mount at Bank of America, Wells Fargo

Bad Office Loans Mount at Bank of America, Wells Fargo

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