Lloyd Blankfein Warns Banking Turmoil May Hit Economic Growth

Lloyd Blankfein Warns Banking Turmoil May Hit Economic Growth

Upworthy

Published

Former Goldman Sachs Group Inc GS CEO Lloyd Blankfein reportedly said that turmoil in the banking sector will likely impact economic growth as lenders become more conservative. “The greater risk environment for financials leads to husbanding of capital and risk-taking, less and more conservative…

#lloydblankfein #goldmansachs #unfoldingcrisis #ubsgroupagubs #creditsuissegroupag #firstrepublicbankfrc #readnext #elerian

Full Article