The Fed: Commercial Real Estate Is Bank Danger Zone: Yellen

Commerical real estate is the new Achilles heel for the U.S. banking sector, says Janet Yellen, the president of the San Francisco Federal Reserve Bank.

BING NEWS:
  • Banks are raising money to brace for losses from commercial real estate
    Banks across the nation added to credit reserves in the first half of the year in an effort to protect against further losses from commercial real estate and some consumer loans, Bloomberg reports. ...
    11/15/2024 - 7:06 am | View Link
  • NY Fed says banks obscuring commercial real estate risks by extending loan terms
    opens new tab released Wednesday by the Federal Reserve Bank of New York said. The commercial real estate sector, or CRE, has been under heavy pressure from the pandemic and its aftershocks.
    10/23/2024 - 8:51 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News