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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.

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U.S. banks still tight with loans

Posted by RJ and Makay on Jan 31, 2012

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Banks U.S. banks maintained tight credit standards in the fourth quarter of 2011 in the face of rising demand for loans, according to the latest quarterly survey by the Federal Reserve. Commercial and industrial loans were little changed from the previous quarter and European economic turmoil caused U.S. banks to tighten credit there, the survey shows.