The Big 3 banks all posted significant declines in 1Q profits, and are preparing more provisions to cover potential bad loans from the COVID-19 pandemic. Thilan Wickramanasinghe, Head of Research at Maybank, helped us recap those earnings, including worries about rising risks from loans to the oil and gas sector, if plunging valuations make banks a buy, and what he makes of markets rising against a souring outlook for the global economy. 

<p>The Big 3 banks all posted significant declines in 1Q profits, and are preparing more provisions to cover potential bad loans from the COVID-19 pandemic. Thilan Wickramanasinghe, Head of Research at Maybank, helped us recap those earnings, including worries about rising risks from loans to the oil and gas sector, if plunging valuations make banks a buy, and what he makes of markets rising against a souring outlook for the global economy.&nbsp;</p>

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