US Lenders Cautious About Making European Loans Amid Pandemic
PYMNTS
APRIL 26, 2020
Every bank is under the cosh of its national regulators, who in times of crisis show a huge home bias,” said Jan Pieter Krahnen, director of the Center for Financial Studies at the University of Frankfurt, according to FT. This heavily influences risk management and regional exposure, which comes at the expense of clients abroad.”.
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