By NCRC / May 13, 2024 / On Our Radar / 1 minute of reading
CNBC, May 1, 2024, Why Hundreds Of US Banks May Be At Risk Of Failure
Consulting firm Klaros Group analyzed about 4,000 U.S. banksand found 282 banks face the dual threat of commercial real estate loans and potential losses tied to higher interest rates.
The majority of those banks are smaller lenders with less than $10 billion in assets.
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