- A view of the exterior of the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015.
U.S. banks are setting aside more money to cover bad loans to energy companies after oil prices plunged over the last year, raising the possibility that deteriorating loans could start to weigh on their earnings, some analysts said.
Recent industry news
CALGARY, ALBERTA, Jul 20, 2015 (Marketwired via COMTEX) -- Zargon Oil & Gas Ltd. (ZAR)(ZAR.DB) ("Zargon") is pleased to announce that Ron Wigham has been appointed to the Zargon Board of Directors effective July 20, 2015 and will also serve ... [7/21/2015 9:12:07 AM]
“I think part of it might be that financiers are hopeful of a turnaround,” said Chad Wilkerson, vice president, economist and Oklahoma City Branch executive at the Kansas City Federal Reserve Bank. “They’re still confident in the long-term ... [7/21/2015 9:09:40 AM]
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