Zions, Western Alliance Disclose Bad Loans Tied to Alleged Fraud скачать в хорошем качестве

Zions, Western Alliance Disclose Bad Loans Tied to Alleged Fraud

Two regional US banks said they were the victims of fraud on loans to funds that invest in distressed commercial mortgages. Zions Bancorp sank 12% after it disclosed a $50 million charge-off for a loan underwritten by its wholly-owned subsidiary, California Bank & Trust. While Western Alliance Bancorp tumbled almost 11% after it said it made loans to the same borrowers. Bloomberg's Sally Bakewell joined Carol Massar and David Gura on 'Bloomberg Businessweek Daily' to break it down. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake