FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Segar/Files
So far Citi, the third largest credit card issuer in the United States, has offered forbearance on 2 million credit card accounts representing 6% of balances, the bank said. Bond trading revenues surged 68%, and also helped offset rock-bottom interest rates that make it harder for banks to earn money on lending.
Wonder if Citibank would while apportioning capital for the bad loans also look at using its venture capital funding arm to take a stake in promising enterprises amid cushioning loans. I'd call that responsible social entrepreneurial banking. JoeBiden realDonaldTrump
beurssport andrepaltry
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