UK banks have suffered a triple blow in recent days from Q2 losses, rising loan-loss provisions and falling share prices. Added to these woes is the increasing likelihood of exiting the EU without a trade deal, along with uncertain economic recovery and the risk to the sector's business model posed by the threat of negative interest rates.
Headwinds gather strength for UK banking sector
Sign up for GFMA SmartBrief
Securities, global capital markets and financial services news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.