Why has commercial lending slowed and what’s the full-year outlook?
Still, many banks say commercial pipelines are full, and CEOs such as Citizens Financial Group’s Bruce Van Saun and U.S. Bancorp's Andy Cecere, pictured above, are cautiously optimistic that C&I demand will pick up in the second half of the year. "Our large corporate customers tell us that they're optimistic about the future but are awaiting more clarity regarding potential changes in tax and regulatory reform, infrastructure spend, and trade policies," Cecere said during a conference call.