Commercial real estate loans and commercial and industrial loans posted the biggest increases among categories of bank assets in the week ended Nov. 2, according to the Federal Reserve.
Commercial real estate loans reached the highest as a percentage of total assets since March 2020, rising to $2.77 trillion from $2.76 trillion the week before, the central bank said in a weekly report.
Total US bank assets decreased to $22.63 trillion from $22.72 trillion the week before. The share of safe assets also slipped, falling to 45.2% after comprising 45.6% of total assets the prior week.
Commercial loans secured ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.