InvestTalk 1-18-2024 – Troubled Loans Are Putting Pressure on 4 Major Banks

Kategorie: Business und Finanzen
Kanal: InvestTalk
Datum: 19. Januar 2024, 1:54
Stufe: C1-C2 (Fortgeschrittene)


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Analysts say non-performing loans, or loans to debtors that haven’t made a payment in over 90 days, rose to a combined $24.4 billion in the last quarter of 2023.

(JPMorgan Chase, Bank of America, Wells Fargo and Citigroup could be at risk of losing $24 billion.)

 

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