Big banks brace for coronavirus-related onslaught
By Victoria Guida
The nation’s biggest banks, which were at the epicenter of the 2008 financial crisis, are facing a new set of daunting challenges with markets in turmoil over the coronavirus pandemic. …“The banks are not the problem right now,” said Karen Petrou, managing partner at Federal Financial Analytics. But “they can only be fortresses for so long.”
https://www.politico.com/news/2020/03/16/big-banks-coronavirus-onslaught-132997
