The bank also said it would set aside £802 million as impairment charges, with around £628 million related to what it called the "uncertain economic outlook," referring to the anticipated fallout from the coronavirus pandemic. and instead integrate its technology into Mettle — the digital bank for small and medium enterprises — while it is developed.
RBS said it would not undertake interim dividend payments or share buybacks until the end of 2020 and called attention to its concerns over uncertainty about the economy and how this position had "deteriorated sharply." The bank had slashed more than 130 jobs in its investment banking division during the coronavirus crisis, the
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Deutsche Bank Q1 earnings: German lender posts 67% fall in profits - Business InsiderDeutsche Bank has had a challenging few years months including a restructuring and big losses. DB said it would be cutting 18,000 jobs last year. I bougt ONE share for 5.92 a few days ago. Oh poor babies! This stupid virus has killed my profits 100% in what is usually my best time of the year March-August.
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Tesla reports Q1 earnings after the bellThe Covid-19 outbreak in China forced Tesla to stop manufacturing electric vehicles in Shanghai for more than a week in February, and in the U.S. at the end of March.
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Tesla rises as company ekes out a Q1 profitThe Covid-19 outbreak in China forced Tesla to stop manufacturing electric vehicles in Shanghai for more than a week in February, and in the U.S. at the end of March. The 2.99% APR on Loans doesn’t hurt either At least they have a positive PE, and it is a huge number
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