Soured Corporate Loans Surge at Biggest U.S. Banks on OilBy and
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.