The largest US banks – Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo – are to report their first-quarter earnings starting Wednesday. Though the impact of the coronavirus outbreak was not much apparent in this quarter, earnings will still be closely watched for outlooks and provisioning for mitigation of the crisis. Read to understand what’s in store.
Let’s look at the global statistics:
Total confirmed cases: 1,934,583
Change over previous day: 69,954
Total deaths: 120,863
Total recovered: 2,964,726
Nations hit with most cases: US (582,594), Spain (172,541), Italy (159,516), France (137,877), and