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Wells Fargo, JPMorgan Chase Brace for Expected Office Loan Losses

Wells Fargo, JPMorgan Chase Brace for Expected Office Loan Losses

on: July 14, 2023In: Minnesota Real Estate Journal

Wells Fargo, which owns this branch in Corpus Christi, Texas, is boosting reserves to cover an expected rise in office loan delinquencies. (Sara Hendrix/CoStar)

Bank Leaders Boost Reserves, Predict Office Market Weakness To Persist Through 2023

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