The economic disruption caused by COVID-19 will put U.S. banks to the test but unprecedented government stimulus, actions by the Federal Reserve and widespread loan deferrals have trapped institutions’ balance sheets in purgatory for now. Stimulus and the small business rescue lending program – the Paycheck Protection Program – have caused bank balance sheets to balloon and become sodden with excess liquidity, putting pressure on net interest margins. Unprecedented forbearance offered to borrowers has limited credit problems to date, but the Street remains focused on the potential for future losses. Many banks have also prepared for the unknown by raising capital, while others built war chests for deals further the road.
Join us for a webinar highlighting how the banking industry has reacted to the recent downturn and government efforts to soften the economic blow of COVID-19, and what those actions could mean for bank profitability and capital raising and M&A activity going forward.
The Platts Events mobile app puts conference navigation and networking at your fingertips. Available one week before the event, the mobile app gives delegates :
* Platts attempts to secure as many speaker presentations as possible, however some speakers choose not to share their materials. Therefore some presentations may not become available. Additionally speaker presentations for this event are only available for download from the networking mobile app and web link
Please contact us if you need more info or help accessing.
Phone:1-434-951-7786
