With many jobs going remote since the start of the COVID-19 pandemic, many office buildings remain empty. Many of those buildings were financed by loans from regional banks, and as their valuations have gone down, this has in turn contributed to the major Wall Street hit those bank stocks have taken. Carter Evans has more.
#realestate #banking #news
"CBS Evening News with Norah O'Donnell" delivers the latest news and original reporting, and goes beyond the headlines with context and depth. Catch the "CBS Evening News" weeknights at 6:30 p.m. ET on the CBS Television Network and at 10 p.m. ET on the CBS News app.