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Tag Archives: U.S. banks

Lower oil price to hit U.S. oil and gas lending: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON, Feb 12 – “Excessive oil and gas loan concentrations have been a key factor in the failure of some banks during periods of steep price declines,” the Office of the Comptroller of the Currency (OCC) notes with bureaucratic understatement in its handbook for U.S. bank examiners. ...

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