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US regulators urge banks to aid borrowers hit by virus

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US banking regulators on Monday urged financial institutions to work with borrowers feeling the impact of the coronavirus outbreak, indicating they will ease up oversight.

[WASHINGTON] US banking regulators on Monday urged financial institutions to work with borrowers feeling the impact of the coronavirus outbreak, indicating they will ease up oversight.

Banks "should work constructively with borrowers and other customers in affected communities," the...

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