US bank failures could surge by almost 50, Nomura analyst says

US bank failures could surge by almost 50, Nomura analyst says

US bank failures could surge by almost 50, Nomura analyst says

Posted by on 2024-05-14

Almost 50 U.S. lenders could fail in the coming years under pressure from higher interest rates and operational problems, Nomura analyst Greg Hertrich told reporters at the company's New York office on Tuesday.