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Stricter Lending Rules Hit U S Business Loans
The Fed senior loan officer survey shows banks tightening corporate and industrial loan standards for midsize and large firms for a fourth straight quarter as recession risk grows. Oil market weakness and tighter capital rules are prompting higher scrutiny and cautious lending across sectors, with small businesses also facing tougher credit access.
MENTIONED IN THIS ARTICLE
Federal Reserve
Fed
Mark Zandi
Moody’s Analytics
UBS
Brennan Hawken
Stephen Caprio
Joe Lavorgna
U.S
Deutsche Bank
Avasuein
National Federation of Independent Business
Ami Kassar
Michael Hobbs
PahRoo