Banks reported easing of credit card and auto loan standards, but in the commmercial and industrial loan segment reports of tightening were more frequent.
Tighter spreads, lower credit line fees, fewer interest-rate floors, looser covenants — banks continue to ease terms to build their business loan books.
Tepid demand, thin margins, new regulations, investor caution &spamp;#8212; and a lingering public-relations problem. No wonder banks are nervous.
