USA: There’s Been Some Bad Banking News Lately, But Banks Aren’t The Only Lenders Out There

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News about the global banking sector has not been so great lately.

This month, five of the six biggest U.S. banks reported second-quarter losses, and four reported a drop in revenue. Large banks like J.P. Morgan and Citigroup are also subject to increased capital surcharge regulations that are expected to rise even further. And small U.S. banks have problems of their own, having been called out by the Office of the Comptroller of the Currency for being at risk of expanding their commercial real estate portfolio too much, too fast.

Read more on: www.forbes.com

Source : USA: There's Been Some Bad Banking News Lately, But Banks Aren't The Only Lenders Out There