Big banks brace for oil loans to implode

Now that the oil glut has caused prices to crash below $30 a barrel, turmoil is rippling through the energy industry and souring many of those loans. Dozens of oil companies have gone bankrupt and the ones that haven't are feeling enough financial stress to slash spending and cut tens of thousands of jobs.





Read More: http://money.cnn.com/2016/01/18/investing/oil-crash-wall-street-banks-jpmorgan/index.html