Banks' losses fell last year despite pandemic

By Justin Pugsley
BRR fallback image

Despite the negative impact of Covid-19-enforced healthcare measures on the economy, banks nonetheless saw lower loss reporting figures in 2020 than in the year before, said the Operational Riskdata eXchange (ORX) in a note. 

For last year, it said total gross losses were €16.7bn, showing a downward trend of an ...

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