Britain's top banks are set for one of their worst first-quarter earnings seasons

  • 6 years ago
Britain's top banks are set for one of their worst first-quarter earnings seasons since the financial crisis, adding to their struggle to win over investors against a backdrop of misconduct charges, a weak economic outlook and uncertainty over Brexit. Despite shoring up their capital bases and paying out strong dividends, the five biggest banks - HSBC, Barclays, Standard Chartered, Lloyds Banking Group and Royal Bank of Scotland - have collectively seen their shares fall about 11 percent this year against a 1.5 percent rise in the FTSE 100. James Valles reporting (BNO News)

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