Regional banks' commercial loans picked up in Q3

Regional banks including U.S. Bancorp, PNC Financial Services Group and KeyCorp posted growth in their commercial lending books during the third quarter. Competition for commercial loans remains tight, leading some banks to relax terms. "You have 7,000 banks looking for loan growth and not that many [businesses] borrowing, so it is competitive," said Barclays analyst Jason Goldberg.

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