Key Points
Nov 15 (Reuters) - Rating agency Fitch said on Wednesday that U.S. regional banks will face continued challenges in 2024, with banks focused on commercial loan growth disproportionately disadvantaged...
"All U.S. banks will need to take defensive measures to conserve capital and provision for higher expected losses," Fitch analysts said in a report..
The regional banking sector was in turmoil in the spring as Silicon Valley Bank (SVB) abruptly collapsed after grappling with large amounts of unrealized losses spurred by rapidly rising interest rates..
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