The group continued to opportunistically take advantage of its CIB division’s performance to front-load pending credit losses. The third quarter should mark the beginning of a normalisation in the revenue mix and the cost of risk assuming no change in the macro-economic scenario retained by the group.
29 Jul 2020
Ongoing opportunistic credit losses front-loading
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Ongoing opportunistic credit losses front-loading
Barclays PLC (BARC:LON) | 184 0 0.0% | Mkt Cap: 27,692m
- Published:
29 Jul 2020 -
Author:
David Grinsztajn -
Pages:
2
The group continued to opportunistically take advantage of its CIB division’s performance to front-load pending credit losses. The third quarter should mark the beginning of a normalisation in the revenue mix and the cost of risk assuming no change in the macro-economic scenario retained by the group.