Ex-Goldman CEO Blankfein says bank rout may depress growth, even with robust capital

Ex-Goldman CEO Blankfein says bank rout may depress growth, even with robust capital

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Turmoil in the banking sector will probably weigh on economic growth as lenders become more conservative, former Inc (NYSE: ) CEO Lloyd Blankfein said on Sunday. "The greater risk environment for financials leads to husbanding of capital and risk-taking, less and more conservative investing and…

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