Global Banking Monitor

Monday, September 16, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...
HomeBankingWarning Signs: US Banks...

Warning Signs: US Banks at Risk of $160 Billion in Losses Amid Commercial Real Estate Downturn

By Pete Sadler
Photo by JESHOOTS.COM on Unsplash

The commercial real estate sector is at risk of seeing its biggest crash since 2008, and that could slam US banks with up to $160 billion in losses.

That’s according to a new working paper from researchers at USC, Columbia, Stanford, and Northwestern, assessing the impact of higher-for-longer interest rates on the commercial real estate industry and the US banking system.

Read More : Warning Signs: US Banks at Risk of $160 Billion in Losses Amid Commercial Real Estate Downturn

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