Follow Us

Follow us on Twitter  Follow us on LinkedIn
 
27 July 2020

FT: Banks across Europe braced for further heavy loan-loss charges

The largest UK, Swiss and eurozone lenders are expected to provision at least €23bn for the second quarter as they report earnings in coming days, according to analysts at Citigroup.

That is on top of the €25bn of charges the same group took against potential defaults in the first three months of...

To view the rest of this article, click here.