Bank of America, Citigroup and Goldman Sachs Report $4,139,000,000 in Losses As US Lenders Witness Major Spike in Unrecoverable Debt
20 Julio 2024 - 3:34PM
The Daily Hodl
Bank of America, Citigroup and Goldman Sachs are reporting
$4.139 billion in losses as lenders write off mounting debts that
customers can’t honor. In its latest earnings report, Citigroup
says its net credit losses, which are debts that the firm does
not expect to collect, hit $2.28 billion in Q2 of this year. The
figure represents […]
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Bank of America, Citigroup and Goldman Sachs Report $4,139,000,000
in Losses As US Lenders Witness Major Spike in Unrecoverable
Debt appeared first on The Daily Hodl.
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Continue reading Bank of America, Citigroup and
Goldman Sachs Report $4,139,000,000 in Losses As US Lenders Witness
Major Spike in Unrecoverable Debt
The post
Bank of America, Citigroup and Goldman Sachs Report
$4,139,000,000 in Losses As US Lenders Witness Major Spike in
Unrecoverable Debt appeared first on
The Daily Hodl.
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