25 Jul 2023 | Financial Services | blogs
Commercial Real Estate Crisis - Grave Threat to U.S. Banks
Despite a positive quarter ending, a palpable wave of fear has emerged amongst the US banks driven by the looming specter of defaulting CRE loans. With top banks setting aside up to 80% of their commercial loan provisions for office real-estate loans default, market-watchers wonder how banks would navigate through this fundamental shift.
Read Jasper Colin's assessment of the major fears gripping the U.S. banking players and risk mitigation measures.