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11min chapter
Bloomberg Wall Street Week - September 27th, 2024
Wall Street Week
The Role and Challenges of Regional Banks
This chapter examines the vital role of regional banks like PNC in supporting local businesses and managing credit risks. It highlights the evolution of banking relationships through the case study of Perriman Company, showcasing how regional banks facilitate growth while addressing community needs. Additionally, the chapter discusses the regulatory challenges and systemic risks posed by the shift of assets to non-bank financial institutions, emphasizing the importance of genuine relationship banking.
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