European banks brace for bad debt buildup following coronavirus crisis

On: April 21, 2020

LONDON / MILAN / MADRID (Reuters) – European banks are expected to set aside billions for potential loan losses as well as taking profits from the coronavirus crisis when they start reporting results in the next two weeks. FILE PHOTO: The Deutsche Bank logo is pictured on a company’s officeRead More →

European banks want regulators to align with US leverage plan

By: Michael R. Carrico

On: April 20, 2020

In: Europe banks

LONDON (Reuters) – Banks call on EU regulators to align with the US Federal Reserve’s plan to relax a rule that measures a bank’s capital reserves to promote cash flow to businesses affected by the coronavirus crisis. Earlier this month, the Fed proposed a temporary relaxation of an additional leverageRead More →

April 2020