Trending FOX BUSINESS News: U.S. banks prepare to seize energy assets as shale boom goes bust

Trending FOX BUSINESS News: U.S. banks prepare to seize energy assets as shale boom goes bust


U.S. banks prepare to seize energy assets as shale boom goes bust


Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time in a generation to avoid losses on loans to energy companies that may go bankrupt, sources aware of the plans told Reuters.

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