April 17 (Reuters) – U.S. banking heavyweights put aside billions of {dollars} within the first quarter to account for potential unhealthy loans, as rising rates of interest flip up the warmth on debtors who’re simply beginning to see some aid from inflation.
Beneath is a top level view of how banks have managed their reserves since 2020:
JPMorgan Chase & Co (JPM.N)
Financial institution of America Corp (BAC.N)
Goldman Sachs Group Inc (GS.N)
Citigroup Inc (C.N)
Wells Fargo & Co (WFC.N)
Morgan Stanley (MS.N)
Supply: Firm statements
Reporting by Manya Saini and Niket Nishant in Bengaluru; modifying by Deepa Babington and Devika Syamnath
Our Requirements: The Thomson Reuters Belief Ideas.
