Rothschild warns of financial hit from coronavirus outbreak

in #banks5 years ago

Historic banking firm Rothschild, whose alumni include French President Emmanuel Macron, has warned that the global Covid-19 crisis will impact the bank's financial results due to the effect on global business and markets.

"Although there is still considerable uncertainty around how this will develop and, hence,
the degree to which this will impact our 2020 financial results, it is clear that the effect will be materially detrimental compared to 2019,"
Rothschild said in a statement on Tuesday.

Rothschild added that it was still planning to pay out a dividend of €0.85 ($0.93) per share.

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They and their "friends" designed this... but sometimes conscious, upright and aware people will "mess up" their evil plans... hope there are enough out there..