Breaking Business News | Breaking business news AM | Breaking Business News PM

Banks are facing huge credit losses as their customers suffer through the coronavirus pandemic, S&P warns

5 May 2020

S&P Global Ratings revised the outlook on 13 U.S. banks to negative from stable and said the coronavirus pandemic will hit hardest those most exposed to industries such as commercial real estate and consumer lending that are already being slammed by virus-driven stress.


Read the full article here.
This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

Covid-19 – Johns Hopkins University

Download brochure

Introduction brochure

What we do, case studies and profiles of some of our amazing team.

Download