ONCE thought of as a safe and secure bet, banks are increasingly looking vulnerable stemming from the recent crises that hit Western lenders such as Silicon Valley Bank (SVB) and Credit Suisse AG.
Now another crisis appears to be on the horizon for the global banking sector, no thanks to a US$1.5 trillion (RM6.61 trillion) wall of debt looming for US commercial properties, as reported by Bloomberg this week.
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