U.S. banks build reserves on inflation risk, Russia; trading a bright spot - Reuters


4/14/2022 12:00:00 AM3 yearsago

Some big U.S. banks have again started stockpiling cash to cushion potential loan losses due to growing worries over the war in Ukraine and the impact of inflation on the U.S. economy, although trading continues to be bright spot for Wall Street.

WASHINGTON, April 14 (Reuters) - Some big U.S. banks have again started stockpiling cash to cushion potential loan losses due to growing worries over the war in Ukraine and the impact of inflation on… [+4637 chars]

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