HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop
Bloomberg Daybreak: Europe Edition
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Nigel Farad Says Coots and Parent Bank Nat West Have Offered to Reinstate His Accounts
The Federal Reserve says that banks have reported tighter standards and ongoing weak demand for loans in the second quarter. It extends a trend that began before recent stresses in the banking sector emerged. The proportion of American banks tightening terms on commercial and industrial loans from medium and large businesses rose to 50.8% up from 46% in the first quarter.
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