Wells Fargo’s Problem Emerges: $17 Billion In Junk Energy Exposure
Tyler Durden on 01/17/2016 18:37 -0500
When Wells Fargo reported its Q4 earnings last week, the one topic analysts and investors wanted much more clarity on, was the bank’s exposure to oil and gas loans, and much more color on...
Oil's slide below $30 sends shockwaves far and wide
NEW YORK | By Catherine Ngai and Jessica DiNapoli
An oil well is seen near Denver, Colorado February 2, 2015.
U.S. oil stumbled below $30 for the first time in 12 years to levels that threaten the survival of many U.S...