Wednesday, June 18, 2025
Four key risks could make 2021 the toughest year for banks since 2009, says S&P- oil and gas 360

Four key risks could make 2021 the toughest year for banks since 2009, says S&P

CNBC S&P Global Ratings warned that banks could face their toughest year since the aftermath of the global financial crisis, with four key risks hanging over the sector. The ratings agency currently has a “negative” outlook for about one third of global banks, with many downward revisions taken in light of the Covid-19 crisis and the oil price shock experienced