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Monday, March 30, 2020

China's big banks flag asset pressure due to virus, boding ill for smaller kin

China's largest state banks said the impact of restrictions on movement imposed to slow the spread of the coronavirus could pull down asset quality as borrowers struggle to repay loans, though they are likely big enough to weather any fallout.


from Reuters: Business News https://ift.tt/2UPJ7L3

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Burnham likely to replace Reeves if he becomes PM

Rachel Reeves would be offered a more junior cabinet role, the BBC understands. from BBC News https://ift.tt/KgU9qXn