• 4. U.S. National Trends in Real Estate

  US regional banks build stronger safety nets as CRE pain lingers

  Posted by propshop_connector on 7 August 2024 at 4:27 PM

  https://finance.yahoo.com/news/us-regional-banks-build-stronger-130045758.html?guce_referrer=aHR0cHM6Ly91c2MtZXhjZWwub2ZmaWNlYXBwcy5saXZlLmNvbS8&guce_referrer_sig=AQAAANp8TboGSE5YQ5DJXiJ0aB7FZFKf6xCNzmmRVJB-UOYa21oDSpXJCrpH_AQBRoylpwZPYRNg1T3Rb20ZXOkliN9i8uXOsBMQxczFQ3aI6ucwWcEK6ZAOWyjbuve5YphCX1M3Q7ogWBHRxesRfjspL1hlBO_yc2qDSohW1T33let2&guccounter=2&utm_source=newsletter&utm_medium=email&utm_campaign=cre_digest

  Finance Yahoo writes:

  “(Reuters) – U.S. banks have boosted their provisions for credit losses as deteriorating commercial real estate (CRE) loans and high interest rates fuel fears of defaults, the regional lenders’ second-quarter results show.

  Some, such as M&T Bank, are also gradually reducing their exposure to the troubled CRE sector and repositioning their balance sheets to focus on commercial and industrial lending and build capital.”

  To read more, please visit the article below:

  
  

  

  finance.yahoo.com

  US regional banks build stronger safety nets as CRE pain lingers

  U.S. banks have boosted their provisions for credit losses as deteriorating commercial real estate (CRE) loans and high interest rates fuel fears of defaults, the regional lenders' second-quarter results show. Some, such as M&T Bank, are also gradually reducing their … Continue reading

  propshop_connector replied 4 months, 2 weeks ago 1 Member · 0 Replies
• 0 Replies

Log In to Reply