Big Lenders May Lose Additional Billions On Bad Loans
Wells Fargo, Bank of America, JPMorgan Chase and Citigroup together may have to absorb $22.6 billion more on losses from home-equity and second-mortgages they budgeted for, according to Nomura Holdings.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast