JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans
PYMNTS
APRIL 30, 2020
Some are more exposed to credit card debt and lending to oil and gas companies. banks have stopped lending as much to European businesses as well, showing the home bias that is expected during a financial crisis. European banks, by comparison, have earmarked $11.5 However, U.S. billion for the effort.
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