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Two Blokes Jun 5 -
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Europe's biggest banks reported an 18% year-over-year increase in provisions for loan losses during the first quarter, amid warnings that uncertainty around international trade policy could hurt asset quality. Aggregate provisions among 45 of the region's largest lenders rose to €11.48 billion from €9.72 billion in the first quarter of 2024 and €8.45 billion a year earlier.
