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Chinese Shadow Bank Files For Bankrupsy

Chinese Shadow Bank Files For Bankrupsy
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Columbia universityNew yorkUnited statesLong islandNational bureau of economic researchSan franciscoScott rechlerTomasz piskorskiStijn van nieuwerburghVan nieuwerburghOffice real estate apocalypseFederal reserveCredit suisseSilicon valley bankProfessor tomasz piskorskiGreat recession

Fed rate cuts come too late to avert a fresh wave of US bank failures

Further stress in commercial property could push another tier of lenders over the edge

San franciscoUnited statesLong islandNew yorkNational bureau of economic researchColumbia universityTomasz piskorskiVan nieuwerburghScott rechlerStijn van nieuwerburghCredit suisseFederal reserveSilicon valley bankOffice real estate apocalypseProfessor tomasz piskorskiGreat recession