Banks feel pressure from dwindling corporate borrowing

04/30/2013 | Wall Street Journal, The

Uncertainty about health care costs and the prospects for the broad U.S. economy has led businesses to hoard cash and hold borrowing to a minimum. Federal Reserve data show that loans by the nation's biggest banks to corporate borrowers fell 9% in the first two weeks of April compared with the end of march. The situation is making it difficult for banks to boost lending.

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