'A credit crunch has started' as banks tighten lending by the most on record

Good luck trying to get a mortgage in the USA. Or a car loan. Or even a new credit card.

'A credit crunch has started' as banks tighten lending by the most on record, Morgan Stanley CIO says

Jennifer Sor and Zahra Tayeb

Apr 17, 2023

• The credit crunch stemming from March's bank crisis has begun, according to Morgan Stanley's Mike Wilson.

• Wilson pointed to a big drop in bank lending and tightening credit standards in recent weeks. 

• The data fuels …