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Home Commercial Wells Fargo and JP Morgan Increase Provisions for Potential Commercial Real Estate Losses
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Wells Fargo and JP Morgan Increase Provisions for Potential Commercial Real Estate Losses

July 17, 20232 Mins read588
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By The Registry Staff JP Morgan Chase (JPM.N) and Wells Fargo (WFC.N) announced on Friday that they have increased their provisions for potential losses from commercial real estate loans, highlighting the growing concerns in the sector. The global commercial real estate market, particularly office buildings, has been under pressure due to high interest rates and […]

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