from the International Monetary Fund predicts that banks across nine advanced economies will suffer sharp declines in profits through 2025, and that “substantial action” will be needed to make up for earnings shortfalls caused by the coronavirus crisis. during the first quarter, and the IMF says they aren’t likely to bounce back quickly.
The IMF says these challenges will stem from loan losses and low interest rates, both of which will squeeze margins over the next several years even though banks are more resilient now thanks to regulatory measures enacted after the financial crisis.
Bank fees about to go up
Who's holding this magic wand? Forbes is bottom feeding...again (or, still). Such drivel. Steve Forbes still pissed that he was a presidential also-ran?
That's why we should all take proper steps to protect ourselves. Here's how.
Maybe they won’t steal as much from customers who are the ones that really suffer.
Funny, I have NEVER seen a bank suffer. It always gets passed down in one way or another.
Make China pay
so lets give those earning to the people! considering how big the nation is i have made so many legit theoretical jobs!
exactly nobody is sad about this.
Good