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New Business

US banks face rising distress as commercial property values slump

Slumping office property values are rippling through US banks, with smaller lenders in particular ramping up the use of loan…

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New Business

China’s cash-strapped small banks face limitatons amid shake-up, no one-size-fits-all fix

The reorganisation is intended to “coordinate and clear non-performing assets under small and medium-sized banks, clean up problem shareholders, and…

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