Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Banks brace for major loan losses
Three of the United States' biggest banks have set aside approximately $40 billion (US$28 billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis.

LoginGo Premium

Read more: Wells FargoCOVID-19Global Financial CrisisUnited StatesJP Morgan ChaseCharlie ScharfCitigroupJamie DimonMichael Corbat
Link to something kKY8Y205