Home NewsBanks brace for big loan defaults by US, global customers

Banks brace for big loan defaults by US, global customers

by Joshua Specht
NEW YORK (AP) — The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big financial hit from the coronavirus pandemic. JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Goldma
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