Soured Corporate Loans Surge at Biggest U.S. Banks on Oil

  • Troubled loans at BofA, JPMorgan, Wells are highest in years
  • 'We're at the very early stages of an inflection point'

Soured loans to companies jumped 67 percent at the three biggest U.S. banks in the first quarter, the latest sign that corporate credit quality is eroding after energy prices plunged.

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