March 25, 2020 / 1:44 PM / 12 days ago

BRIEF-Fitch Says U.S. Banks Face Coronavirus-Related Challenges In Rapidly Evolving Environment

March 25 (Reuters) -

* FITCH SAYS U.S. BANKS FACE CORONAVIRUS-RELATED CHALLENGES IN RAPIDLY EVOLVING ENVIRONMENT

* FITCH SAYS U.S. BANKS ARE FACING ONSLAUGHT OF PRESSURES FROM CORONAVIRUS PANDEMIC THAT COULD IMPACT CREDIT PROFILES OF BANKS TO VARYING DEGREES

* FITCH SAYS IT BELIEVES DROP IN SHORT-TERM AND LONG-TERM RATES WILL ADVERSELY AFFECT SPREAD REVENUE FOR A NUMBER OF QUARTERS FOR U.S. BANKS Source text for Eikon:

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