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Bloomberg Wall Street Week - August 11th, 2023
Wall Street Week
The Pressure on Profitability of Regional Banks
Moody's downgrade on some smaller regional banks here. And you have, as Lynette just said, they've got to pay more for deposits than they used to pay before. There is the commercial real estate issue lurking out there that we're told is more additional for regional banks. How big a problem is it?Chris Hagan: I think there's a couple of things to look at when it comes to the regional banks that are just in trouble.
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