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Asia-Pacific Markets Set for Lower Open as Banking and Trade Fears Take Hold on Wall Street
Summary by CNBC
2 Articles
2 Articles
US regional bank stocks fall amid Wall Street concern over credit markets
Zions and Western Alliance reveal problems with bad loans as scrutiny of regional banks’ lending practices increasesUS regional banking stocks fell sharply on Thursday after two banks disclosed issues with bad and fraudulent loans, amplifying concerns on Wall Street around the state of credit markets.Zions Bancorp announced it had a $50m charge-off over two bad loans from its subsidiary, California Bank & Trust in San Diego. Western Alliance als…
Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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