Banks’ credit ‘cockroaches’ are spooking the stock market. Here’s what investors need to know.

Banks’ credit ‘cockroaches’ are spooking the stock market. Here’s what investors need to know.



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Struggling to find their way amid an ongoing economic-data blackout and renewed trade-war tensions between the U.S. and China, investors already had enough to worry about this week.

Then a regional lender piled on one more thing: Another large credit loss, possibly stemming from fraudulent activity. In a regulatory filing published Wednesday evening, Salt Lake City-based Zions Bancorp

ZION revealed that it would include a loan-loss provision of $60 million in its third-quarter earnings, which the bank is set to release later this month.



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