We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close

registration required

or
for more website access

This content can only be viewed by subscribers and registered users of Investors Chronicle.

Subscribe or register free today

Big challenges remain for the banks

Just a few months back - amidst the ongoing eurozone crisis, grim economic conditions, hefty mis-selling provisions and reputational scandals - prospects looked bleak for the banks. Yet bank shares have seen a remarkable rally in the last three months - Barclays ' (BARC) shares are up over 50 per cent since the third week of July, for example - even though lenders' third-quarter figures were hardly pretty. Lloyds Banking (LLOY) and Royal Bank of Scotland (RBS), for example, reported thumping pre-tax losses. So what's changed?

registration required

visible-status-Standard story-url-IC_banks_sector_focus021112.xml

By John Adams,
05 November 2012

Print this article
Comments

Related Companies

Register today and get...

Register today and get...
Please note terms & conditions apply