Market
03 Sep 2020
Van Lanschot Kempen to decide on future structured products offering in 2H2020
The Dutch bank blamed losses on its structured products activities in the first half of 2020 on high volatility and illiquidity of the markets.
Market
14 Aug 2020
HSBC also sees Covid consequences
HSBC is the latest international bank to blame Covid-19 and global economic uncertainty for the large-scale drops in its latest results.
Market
17 Jul 2020
JPM suffers Covid ripple effects
US financial institution JP Morgan Chase reported a 51% decline in net income of US$4.7 billion for Q2 20 from the previous quarter. Net interest income slid by four percent to US$14 billion due to the impact of lower interest rates amid a Covid-19 environment.