Some of Europe’s biggest lenders reported a big jump in coronavirus-related losses and provisions for bad loans as the pandemic’s impact on their businesses becomes clearer. Germany’s Deutsche Bank AG, the U.K.’s Barclays PLC and Spain’s Banco Santander SA all reported an increase in loan-loss charges in the second quarter, as the companies they bank for struggle to repay debts, and unemployment rises across the regions in which they operate.

Source: Wall Street Journal July 29, 2020 06:06 UTC