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Banks: stronger on risk reduction than earnings

Banks: stronger on risk reduction than earnings

Analyst opinion as to which constituents qualify for the 'favourites' and 'outsiders' tags within UK banking must be among the most wide-ranging of all sectors in the UK. This is perhaps unsurprising given the differing paths mainstream banks have taken towards resolving a plethora of legacy issues, even though there is considerable overlap. Updates on the third-quarter progress of the banks inspired a similar level of divergence – consensus on the sector remains elusive.

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