How big might bank losses be?

Posted in: Intellidex in the media on May 7, 2020

Intellidex chairperson Stuart Theobald says banks are under extreme pressure and it is not a stretch to expect a return to the levels of provisions we saw during the financial crisis (4% of their books increasing to 6%). There will be a fall in new business on the non-interest revenue side. Featured in Moneyweb.

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