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Covid

Britain’s banks brace for $22 billion loan losses as outlook darkens (Reuters)

August 6, 2020 | File Under: , , , , , , , ,

“All five UK banks have under-performed, falling by between 42% and 55% this year compared to a 36% fall in the European banking index .SX7P.” – by Iain Withers and  Lawrence White

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EU leaders strike deal on recovery fund after marathon summit (FT)

July 21, 2020 | File Under: , , ,

“EU leaders have struck a deal on a landmark coronavirus recovery package that will involve the European Commission undertaking mass borrowing for the first time.” – by Sam Fleming, Jim Brunsden and Mehreen Khan

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European investors’ appetite for risk growing (Pension & Investments)

June 16, 2020 | File Under: , , , , ,

“As European countries are easing travel restrictions and governments and central banks have stepped up monetary and fiscal support, investors are looking for opportunities to take on more risk.” – by Paulina Pielichata

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