Business & Finance

The COVID-19 pandemic has significantly affected the banking sector, including the shifts in consumer preferences, changes in depositor behavior, and changes in loan demand and supply. Banking stocks were impacted during COVID-19. In the period from 01 December, 2019 to 30 April 2020 — most banks saw a price slump in mid-March. In your response, I hope you can 

1) evaluate the negative impact of a pandemic on the banking sector,  

2) analyze the underlying reasons, and 

3) provide recommendations to bank managers and regulators. 

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