The big U. S. banks had it so good for so long, and unfortunately the extraordinary economic slowdown and associated job losses from COVID-19 imply that those banks will be on the hook for delinquent loans from both consumers and companies.
The big U. S. banks had it so good for so long, and unfortunately the extraordinary economic slowdown and associated job losses from COVID-19 imply that those banks will be on the hook for delinquent loans from both consumers and companies.