Banks were the problem in 2008. They can help this time - News Summed Up

Banks were the problem in 2008. They can help this time


New York (CNN Business) In 2008, when the global economy was last in tatters, big banks were largely to blame. Here's what they said"Unlike 2008, banks are not part of the problem. Flexibility is key for banks working with small businessesTD Bank TD said it is doing what it can for its small business customers, too. More help is needed -- nowBut some think banks and other financial firms must do even more to help keep small businesses afloat. The situation is dire and severe," said Guy Goldstein, CEO of Next Insurance, an online broker that caters to small businesses.


Source: CNN April 02, 2020 19:52 UTC



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