Hints and tips:
...In Europe, banks are calling for supervisors to delay the introduction of tough new accounting rules, known as IFRS9, which force banks to set aside money to cover loans to distressed borrowers before they...
...Looked at differently, Cyclicals are still priced for a V-shaped recovery, which might not happen....
...Banks are reporting a slow but steady rise in both non-performing loans and those under close watch....
...But until that point they and other investment banks had hoovered up everything he’d offered them....
...During several years of strong capital markets and strong investor appetite for high-yielding securities, lenders became accustomed to easily selling the risky home loans they made to Wall Street banks....
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