Biggest European Banks Brace For Default Tsunami As Loan Losses Soar

Apr 28th 2020 12:00pm EDT

Biggest European Banks Brace For Default Tsunami As Loan Losses Soar After a dismal first quarter for US banks which saw a surge in loan loss reserves, if not nearly enough to offset the default wave that is coming…   … it was the turn of Europe’s mega banks to “open the kimono” so to […]

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