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Comment: Banks brace for Covid loan losses as government support is withdrawn

By Fiona Maxwell and Jack Schickler
  • 23 Aug 2021 11:15
  • 23 Aug 2021 11:15
Banks across the globe have been praised for their ability to withstand the instability brought about by the pandemic, as they kept lending to needy households and companies. But behind the scenes were billions in government support packages, which are now on the brink of being withdrawn.
As state support

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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