Morning Scan: End of Energy Lending Boom; Small-Dollar Loans Get Spi...

01/12/15

Receiving Wide Coverage ...

Low Energy: The fizzling energy market will get a lot of attention this earnings season as nervous shareholders question banks about their exposure, according to the New York Times. The paper suggests banks gird themselves for defaults in the wake of falling oil prices. On the upside, Wells Fargo chief John Stumpf says lower oil prices are a boon for consumer lending: people who spend less at the gas pump will have...

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