reports
Short US Small Caps
​US commercial banks have now released their charge-off and delinquency rates on loans and leases for Q1. NPLs are now rising at a faster pace than just before the great recession.In a recent research piece we highlighted why the combination of a significant deterioration of nonfinancial corporate business’ balance sheet health and tighter financial conditions (banks and nonbanks terms) would inevitably lead to rising defaults and NPLs besides the energy sector. This is now unfolding, and in...
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