June 26, 2020
News
No Comments
Robert Jones
The Federal Reserve has warned that America’s biggest banks could be hit by losses of up to $700bn (£563.6bn) in a severe downturn due to the pandemic.
https://www.bbc.com/news/business-53187415
Fed acts to keep banks ‘prudent’ amid virus risks
June 26, 2020
News
No Comments
Robert Jones
The Federal Reserve has warned that America’s biggest banks could be hit by losses of up to $700bn (£563.6bn) in a severe downturn due to the pandemic.
https://www.bbc.com/news/business-53187415