October 29, 2026
Business

Zions, Western Alliance Banks Disclose Bad Loans Tied to Alleged Fraud(Soban News)

Shares of two regional US banks tumbled Thursday after the companies said they were the victims of fraud on loans to funds that invest in distressed commercial mortgages, fueling concern that more cracks are emerging in the credit markets.

​Shares of two regional US banks tumbled Thursday after the companies said they were the victims of fraud on loans to funds that invest in distressed commercial mortgages, fueling concern that more cracks are emerging in the credit markets. by Soban News (international And National News)

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