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Why many banks are preparing for an uptick of bad loans

Oct 14, 2024
Throughout the last year, a lot of big banks have been stocking away more cash to cover bad loans. But even though banks are concerned about the broader economy, they're still trying to make loans where they can.
Many banks are nervous about commercial real estate loans, with vacancies stubbornly up. They're also keeping an eye on rising credit card debt.
Andrew Caballero-Reynolds/AFP via Getty Images