provision

The transaction is also unlikely to materially affect HSBC’s other key financial metrics, such as impaired loan ratio or provision coverage, they add.

“Now we begin the work of making sure its provisions are fully and fairly implemented.”

“It would be difficult for the University to agree to certain provisions in the Compact,” leaders at the University of Virginia said.

Some analysts expect the bank to release some of these provisions and launch a share buyback.

“Based on our initial analysis and the characteristics of the proposed scheme, an additional provision is likely to be required which may be material,” Lloyds said Thursday.