Thursday, April 30, 2020

Biggest EU Banks Brace For Default



https://www.zerohedge.com/s3/files/inline-images/loan%20loss%20provisions%20HSBC.jpg?itok=94pD4PUj 


"We are anticipating deep, severe recession events in western Europe and the US in the second quarter," HSBC chief financial officer Ewen Stevenson told the Financial Times on Tuesday.





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