Ep. 71 - Hotel sector faces tough sledding until full COVID-19 solution
Banks' credit quality remained quite strong through the third quarter but industries more exposed to the COVID-19 pandemic, like the hospitality sector, have caused a headache for many institutions and performance is unlikely to rebound soon. The episode features third-quarter earnings commentary from banks like F.N.B. Corp and Synovus as well as the outlook for the lodging sector, including when it is expected to recover from the COVID-19 led downturn, provided by members of the S&P Global Ratings team.
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