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https://fortune.com/2023/07/18/office-real-estate-crash-banking-losses-jpmorgan-chase-wells-fargo-bank-of-america-morgan-stanley/
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Office real estate values are moving down so fast that banking giants like Wells Fargo are already bracing for losses - Fortune
7/18/23 at 9:11pm
Organization
Fortune
Author
Alena Botros
43 words
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Wells Fargo CEO Charlie Scharf: "we are reserving for the weakness that we expect to play out in that market over time."
Real Estate
Office real estate values
Charlie Scharf
Wells Fargo
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