U.S. banks prepare to seize energy assets as shale boom goes bust

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3. It's a big gamble by the banks

But first they have this hurdle to clear >>>

Big banks will need to get regulatory waivers to execute their plans, because of limitations on their involvement with physical commodities, sources said.

While the economic shut down for CoVid-19 is to blame for bottom falling out of oil prices it's going be a long time before oil gets above $50 / barrel. Years maybe/probably?

What's the chance that those assets never get back to a profitable level? Then you have all the costs in the meantime trying to keep them alive.