Struggle with commercial real estate contributed to regional banking crisis – CBS News


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As many jobs have been eliminated since the start of the COVID-19 pandemic, many office buildings remain empty. Many of these buildings were financed with loans from regional banks, and when their valuations fell, this in turn contributed to the severe blow to Wall Street that these bank stocks dealt. Carter Evans has more.

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https://www.cbsnews.com/video/commercial-real-estate-struggles-have-contributed-to-regional-bank-crisis/

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