Trump era brings rare drop in loans at America’s regional banks

U.S. BANKS posted the first drop in total commercial and industrial loans since 2010. /COURTESY BLOOMBERG
U.S. BANKS posted the first drop in total commercial and industrial loans since 2010. /COURTESY BLOOMBERG
NEW YORK - For regional banks across the U.S., the “Trump bump” hasn’t yet translated into business. Bank stocks have climbed since Donald Trump was elected president as investors bet his pro-growth agenda and rising interest rates would help lenders generate huge profits. But this month, executives at some of the country’s largest regional banks…

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