Assessing COVID-19's threat to US banks

Efforts to contain the coronavirus have already resulted in significant disruption to business activity and have prompted unprecedented actions by the Federal Reserve and U.S. congressional leaders to stabilize the U.S. economy. While the U.S. banking industry stood on strong footing before the outbreak, institutions will not be immune from the fallout. Join Principal Analyst Nathan Stovall to hear about the financial impact to the industry as it faces notably higher credit costs as well as actions institutions are taking to work with their customers and mitigate fallout.