Analyst Whitney says consumer worsening, weighing on lenders - Reuters South Africa
Story date: 2008-05-16 10:12:00
Added on: 2008-05-16 11:00:55
BANGALORE (Reuters) - A prominent U.S. banking analyst, Meredith Whitney, offered a gloomy outlook for the financial services sector, saying growing struggles of consumers to pay their debts will increase losses for lenders. "We remain cautious on ...
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