Byusnewsr1-

Jan 25, 2021

European banks to follow Wall Street as provisions rise – Yahoo Finance Australia

European banks to follow Wall Street as provisions rise – Yahoo Finance Australia

(Bloomberg) – European banks likely failed to match the record earnings of their U.S. counterparts in the fourth quarter as they set aside more money for distressed loans and missed the rally in trading. actions. Ten of Europe’s biggest lenders likely set aside $ 15 billion for bad loans in the fourth quarter, bringing the […]
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