Balance Sheet Mess BAML / Citi etc.
Hi,
Today BAml announced 20 billion of write offs.
Many people say the BAML balance sheet is not clean at all. A lot of write downs to come.
Any body any insights on this? Which banks are at risk?
Lots of write downs = mass layoff risk
Thanks Pivot
It's credit card writedowns related mostly to regulation changes. Doubt this is a major issue, so whatevs.
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