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Wells Fargo has biggest energy exposure among large US banks: Raymond James

2015-09-24 23:02:38| Apparel - Topix.net

REUTERS: Wells Fargo & Co has the largest exposure to loans to energy companies among major U.S. lenders, a report from Raymond James said, amid concerns that banks may have to set aside more money to cover bad loans to the industry. The bank also topped the list with the biggest exposure to energy companies whose public debt was trading less than 35 percent of par, the brokerage said on Thursday.

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