Analyst Articles
Top 6 U.S. Banks Report Q2/2020 Earnings with US$35B in Total Loan Loss Provisions, Signalling High Uncertainties for Consumer Credit
The top six banks in the U.S. reported Q2/2020 earnings and struggled with consumer and retail banking divisions due to the COVID-19 pandemic enforcing social isolation guidelines. However, most banks maintained dividend payments due to strong growth in investment banking and sales & trading divisions. [more]
