That’s the time when the Federal government forked over $700 billion to financial institutions in order to save the banking system.
- Simon Constable
- Forbes
Was that favor returned to businesses in need during the recent COVID crisis?
No.
Most banks didn’t lift a finger for their relationship customers this year, according to new research.
The findings may have implications for investors who own banking stocks.
Banks Didn’t Return Bailout Favor During COVID
“Banks do not appear to be friends indeed with their…