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Banks enter bargain territory

Banks enter bargain territory

Investors may find a bargain among the major UK-listed lenders – the shares are trading at near 12-month lows, despite improvements in returns on equity, impairments, and capital levels during the third quarter. However, sentiment towards the ‘big five’ banking groups has been marred by political uncertainty and fears of slowing economic growth, mirroring a global sell-off in blue-chip stocks in October.

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