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America Went on a Borrowing Binge, but Banks Were Left Out
Wall Street Journal, Feb. 10, 2021–Ben Eisen (subscription)
Large U.S. lenders saw their loan books shrink in 2020 for the first time in more than a decade, according to an analysis of Federal Reserve data by Jason Goldberg, a banking analyst at Barclays. The 0.5% drop was just the second decline in 28 years.
https://www.wsj.com/articles/america-went-on-a-borrowing-binge-but-banks-were-left-out-11612953008?mod=hp_lead_pos4