The Banks Exposure On Oil Will Bring The Entire Economy Down: Jason Burack

How much have the big banks funded in outstanding debt to the oil & gas sector? Bank of America leads the list with $21.3 billion. Citigroup is next at $20.5 billion. Wells Fargo is third at $17 billion. JP Morgan Chase is at $13.8 billion. Morgan Stanley is at $4.8 billion, PNC Bank has $2.6 billion and US Bancorp is at $3.1 billion.


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