Caution prevails after ‘perfect storm’ hits bank credit

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Caution prevails after ‘perfect storm’ hits bank credit

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A Thai investor checks an electronic board showing stock prices at Asia Plus Securities amid Coronavirus threats in Bangkok. Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10\% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. (Photo by Amphol Thongmueangluang / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Financial institutions are waiting to see whether investors will step back into the credit market before attempting to bring new deals forward this week.

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