Lenders make less money despite Covid-19 loan boom

By Jasper Cox
28 May 2020

Some of the largest investment banks made 12% less revenue from lending in the first quarter, despite balance sheet expansion as they supported companies, according to research from analytics firm CRISIL Coalition.

Coalition measures the lending activities of what it calls the 10 largest banks globally. These are the corporate and investment banks at Bank of America, Barclays, BNP Paribas, Citigroup, Deutsche Bank, HSBC, JP Morgan, Société Générale, Standard Chartered and ...

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