(CNBC) Nick Ford, co-manager of the U.S. Opportunities Fund and U.S. Smaller Companies Fund at Premier Miton Investors, said there was a “big silver lining” for lenders, despite the pandemic piling pressure on their operations. “Bear in mind that banks are the transmission for the systems getting money to people in difficulty,” he said. “I think there’s a huge opportunity for the U.S. banking system to come out of this as very much the good guys — as the heroes.”
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US banks have an opportunity to be ‘heroes’ in the coronavirus crisis, fund manager says
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