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5/4/15

US Banking Industry: U.S. Banks Expect Rise in Energy-Sector Loan Defaults - by Jeffry Sparshot

 Banks in the U.S. are cutting credit lines to energy companies and forcing firms to cough up more collateral to guard against fallout from the past year’s plunge in oil prices, a Federal Reserve survey found.

Read more: U.S. Banks Expect Rise in Energy-Sector Loan Defaults - WSJ

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