nygazet.com logo
Alleged loan fraud is frustrating but isolated
business

Alleged loan fraud is frustrating but isolated

1 min read

Regional banks are getting a reprieve this week after Western Alliance and Zions reported results that didn't include any new loan meltdowns.

Western Alliance , one of the regional banks at the center of concerns over loans made to non-bank financial players, said Wednesday it believes the loan that sparked last week's selloff is an isolated case. The bank reported third-quarter earnings T... [2984 chars]

Read Original Article

Source: CNBC

Visit Source

Share this article