Banks prepare for ‘infinity of questions’ over Q1 results

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Banks prepare for ‘infinity of questions’ over Q1 results

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A closed off Argos on William Street in Belfast, as the UK continues in lockdown to help curb the spread of the coronavirus. | Justin Kernoghan/PA

European banks are struggling to decide how to strike the right tone when reporting their first quarter results this year amid the extreme uncertainty surrounding the coronavirus pandemic. Despite guidance from regulators, their biggest difficulty will be in signalling their expectations for loan losses.

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