HSBC has seen first-quarter profits miss expectations after taking a 1.3 billion dollar (£960 million) hit on bad debts including a fraud-related charge in the UK and impact from the Middle East ...
BERLIN, Oct 23 (Reuters Breakingviews) - Being the largest bank in Europe’s weakest economy has a downside. Deutsche Bank (DBKGn.DE), opens new tab returned to profit, opens new tab in the three ...
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Capital One increases provision for bad-debt expenses as earnings miss Wall Street consensus
The Virginia-headquartered bank reported a 72% jump in provisions for credit losses compared to last year ...
ANZ could be next in line to increase its bad debt buffers, as Macquarie analysts warn the top banks’ defences may not be as ...
Westpac has increased its provisions for bad loans by hundreds of millions of dollars, citing risks from the Middle East war, energy crisis and rising interest rates. The move comes as the bank posted ...
An allowance for doubtful accounts is a contra asset account that reduces the total receivables reported to reflect only the amounts expected to be paid.
The March 2026 Monetary Policy Report stated that the asset quality risks of banks remained elevated in February 2026, even ...
Capital One's provision for credit losses was up by 72% to $4.07 billion in the first quarter as compared with the year-earlier quarter. Capital One has boosted its provision for credit losses and ...
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