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US banks set aside billions as buffer against bad loansNEW YORK (AFP) - Three major US banks have set aside an additional US$23 billion (S$32 billion) as a backstop against bad loans, highlighting the brittle state of the US economy due to the coronavirus pandemic, the companies said on Tuesday (July 14).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Wall Street banks see trading-revenue renaissance ending soonBig swings in stock and bond markets since March have helped big Wall Street banks weather the coronavirus downturn better than they otherwise ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Big US banks predict more economic pain from coronavirusThree of the largest U.S. banks said on Tuesday they had set aside a whopping US$28 billion for loan losses, in a stark reminder that much of the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Euro zone banks expect to tighten access to credit in third quarter, ECB saysEuro zone banks maintained relatively easy access to credit for firms in the second quarter with the backing of government guarantees, but they ...
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Actress Reese Witherspoon celebrates son's new single with dance on TikTokActress Reese Witherspoon, 44, has created a dance to her 16-year-old son Deacon's new song, proudly showcasing her moves on TikTok and Instagram.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
New animated Star Wars series will debut on Disney+ in 2021LOS ANGELES (REUTERS) - A new animated Star Wars series focused on an elite group of clones will debut on Walt Disney Co's Disney+ streaming service in 2021, the company announced on Monday (July 13).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »