negative
US regional banks tumble on credit quality concerns
Shares of US regional banks fell sharply after new data showed a rise in bad loans and commercial-lending risks. The sell-off briefly dragged major indices lower before partial recovery on reassurances from lenders. Analysts warn persistent credit-stress could impact small business lending and regional growth outlook.
Companies:
- Regions Financial
- KeyBank
- Fifth Third Bancorp
Tags:
- banks
- usa
CNBC• By Ayush Samantaray
Explore:High Return Equity Mutual Fund
negative
US regional banks tumble on credit quality concerns
Shares of US regional banks fell sharply after new data showed a rise in bad loans and commercial-lending risks. The sell-off briefly dragged major indices lower before partial recovery on reassurances from lenders. Analysts warn persistent credit-stress could impact small business lending and regional growth outlook.
Companies:
- Regions Financial
- KeyBank
- Fifth Third Bancorp
Tags:
- banks
- usa
CNBC• By Ayush Samantaray
Explore:High Return Equity Mutual Fund
1 min read
46 words
US regional banks slide on loan-loss fears before recovering part of losses.
Shares of US regional banks fell sharply after new data showed a rise in bad loans and commercial-lending risks. The sell-off briefly dragged major indices lower before partial recovery on reassurances from lenders. Analysts warn persistent credit-stress could impact small business lending and regional growth outlook.
Shares of US regional banks fell sharply after new data showed a rise in bad loans and commercial-lending risks. The sell-off briefly dragged major indices lower before partial recovery on reassurances from lenders. Analysts warn persistent credit-stress could impact small business lending and regional growth outlook.
Companies:
- Regions Financial
- KeyBank
- Fifth Third Bancorp
Tags:
- banks
- usa
- banks
- usa
- finance
- credit risk
- markets