Sector Focus 

UK banks: capital strength defies inconsistent returns

UK banks: capital strength defies inconsistent returns

The UK’s banking giants have had to untangle themselves from an almighty mess over the past decade, rectifying bloated operating structures, insufficient capital levels and litigation challenges. It’s unsurprising, therefore, that their trading figures have tended to give with one hand and take with the other. Suffice to say, updates from the UK-focused majors for the first three months of this year are no different.

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