The pandemic slammed results released Tuesday by three big U.S. banks. JPMorgan Chase and Wells Fargo are each setting aside roughly $10 billion in reserves and Citigroup nearly $6 billion to cover potential loan losses due to the coronavirus crisis.

Subscribe: http://smarturl.it/reuterssubscribe

Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.

Get the latest news on: http://reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en