Here's What Bank Executives Are Saying About Energy MarketsBy
Wells Fargo expects `correlated stress' in oil-dependent areas
Goldman's Cohn says `markets well equipped to deal with this'
Slumping oil prices and their effect on bank lending and markets were a topic of discussion Tuesday at a financial services conference in Miami, on calls with analysts and televised interviews. Investors are closely watching banks’ exposure to energy as rising OPEC output and resilient U.S. shale production intensifies a global glut. Here are some comments by lending and financial services executives collected by Bloomberg:
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