Morning Scan: Banks Cop to Energy Woes; Regulators Warn Against Russ...

Receiving Wide Coverage ... Preparing for an Energy Bust?: The list of banks coming to terms with the downturn in the energy industry has grown rapidly in the past week. Wednesday, Wells Fargo reported in a regulatory filing that it set aside $1.2 billion in reserves for potential oil- and gas-related loan losses. It's far from alone: JP Morgan disclosed Tuesday a $44 billion total exposure to the energy industry, nearly three-quarters of which is unfunded.Â...