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UPDATE 1-More pain seen ahead for U.S. banks exposed to energy loans

2016-01-14 05:17:07| Apparel - Topix.net

U.S. banks exposed to energy-related loans will need to set aside even more money than previously expected to cover potential losses as oil prices near 12-year lows. Earlier on Wednesday, BOK Financial Corp became the third U.S. bank over the past month to increase its cushion for energy loans, and analysts said there was more to come as earnings season kicks off this week.

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