HSBC has seen first-quarter profits miss expectations after taking a 1.3 billion dollar (£960 million) hit on bad debts including a fraud-related charge in the UK and impact from the Middle East war.
Barclays has revealed it set aside more than £800 million for bad debts related to the collapse of a mortgage lender and as it builds a buffer amid geopolitical turmoil despite reporting an uptick in ...
Capital One has boosted its provision for credit losses and missed Wall Street expectations for first-quarter results. The Virginia-headquartered bank late Tuesday set aside $4.07 billion to cover ...
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