Why the world’s biggest banks are relatively stable in this crisis – so far

Apr 27, 2020 | Alex Albrecht


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The big U.S. banks have set aside massive loan loss provisions as they prepare for the worst of the COVID crisis. European banks begin to report earnings this week, and are expected to do the same. Yet markets have not lost confidence in the world’s biggest banks the way they did in the global financial crisis. Gerard Cassidy, RBC Capital Markets’ Head of U.S. Bank Equity Strategy, joins us on the podcast.

Click here to listen to the full podcast episode.