Global largest banks lose $635bn in market cap amid pandemic

SourceMiddle East Business
SectorFinancial Services
CountryGCC

Global largest banks lose $635bn in market cap amid pandemic Data presented by Buy Shares indicates that 14 selected major global banks cumulatively lost $635.33 billion in market capitalization. The loss was majorly induced by the coronavirus pandemic between December 2019 and August 2020. Central banks interventions cushions banks  Wells Fargo recorded the biggest slump with a […] The post Global largest banks lose $635bn in market cap amid pandemic appeared first on https://middleeast-business.com.Global largest banks lose $635bn in market cap amid pandemic Data presented by Buy Shares indicates that 14 selected major global banks cumulatively lost $635.33 billion in market capitalization. The loss was majorly induced by the coronavirus pandemic between December 2019 and August 2020. Central banks interventions cushions banks  Wells Fargo recorded the biggest slump with a […] The post Global largest banks ...read more...