U.S. Bank Lending Slumps by the Most on Record

The pullback in total lending in the last half of March was broad and impacted real estate, commercial, and industrial loans.

By Alex Tanzi | April 10, 2023 at 08:40 AM

Photo: A bird flies over the Lower Manhattan skyline on July 5, 2019. Photographer: Michael Nagle/Bloomberg

U.S. bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses that risks damaging the economy.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
Educational webcasts, white papers, and ebooks from industry thought leaders
Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

NOT FOR REPRINT

Corporate Borrowing & Debt

News

1 Trudeau Government Has Likely Blown Past Fiscal Anchor

2 Yields on New China Dollar Bonds Fall Below Treasuries in Debut

3 ‘Rates Will Be a Lot Lower’ in 12 to 18 Months

4 2025 Alexander Hamilton Award Finalists

5 2024 Alexander Hamilton Awards: Operational Risk Management

Real Estate
GlobeSt. Healthcare Real Estate 2024
December 02, 2024 - Scottsdale

Join the industry's top owners, investors, developers, brokers and financiers for the real estate healthcare event of the year!
More Information
Insurance
ThinkAdvisor LUMINARIES Awards 2024
December 11, 2024 - Las Vegas

This event shines a spotlight on how individuals and firms are changing the investment advisory industry where it matters most.
More Information
Insurance
Complex Claims & Litigation Forum 2025
February 24, 2025 - Las Vegas

This conference aims to help insurers and litigators better manage complex claims and litigation.
More Information

Boeing Would Be Biggest Ever U.S. 'Fallen Angel' If Cut to Junk

By Caleb Mutua | October 14, 2024

S&P and Moody's are both considering downgrading the planemaker to junk. If they do, much of Boeing's $52 billion in outstanding long-term debt would be ineligible for inclusion in investment-grade indexes.

Boeing Would Be Biggest Ever U.S. 'Fallen Angel' If Cut to Junk

U.S. Companies Raising Billions in Debt Markets After Rate Cut

By Olivia Raimonde & Michael Tobin | September 23, 2024

The average yield in the U.S. investment-grade and high-yield bond markets fell following the Fed's move, making borrowing more attractive for issuers.

U.S. Companies Raising Billions in Debt Markets After Rate Cut

Why Companies Are Racing to the U.S. Debt Market

By Caleb Mutua & Jeannine Amodeo | September 09, 2024

Borrowing costs have become compelling, as markets are already pricing in expectations for reduced interest rates. And several external factors could reverse that trend.

Why Companies Are Racing to the U.S. Debt Market

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now

Instant Insights /