U.S. Banks, Lenders Stockpiling Cash as Recession Looms | NewsRadio 740 KTRH | KTRH Local Houston and Texas News
American banks are bracing for an economic recession. The nation's six largest lenders are expected to amass almost 6 billion dollars for their reserves. That's going to make it more difficult for Americans to get a house or car loan.
Source: iheart.com