Jefferies is still looking for loan growth in the mid single-digits for 2012, even as data has...

|By:, SA News Editor

Jefferies is still looking for loan growth in the mid single-digits for 2012, even as data has shown weak lending early in the year. The firm says surprisingly strong Q4 growth in commercial and industrial lending may have been cyclical, but it doesn’t expect Q1 growth to drop as steeply as it did last year, providing confidence in the underlying strength.