Banks lower revenue outlook as pandemic crimps loan demand
September 16, 20201 min read221 words
Published: September 16, 2020  |  1 min read221 words
By , (Reuters) - Executives at the top U.S. banks warned investors this week that 2020 revenue will be lower than expected due to weak loan demand and an uptick in repayments during the coronavirus pandemic.Slideshow “Most of them are saying, ‘We don’t need money,’” CEO Brian Moy...
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