- Reuters•2 days ago
Loan growth, margin squeezes and credit costs are the areas investors will focus on when British banks report quarterly earnings, Goldman Sachs said in a note to clients. Barclays PLC (BARC.L) and Lloyds Banking Group (LLOY.L) are scheduled to report this week and emerging markets-focused HSBC Holdings (HSBA.L) and Standard Chartered (STAN.L) next week. While second quarter results are unlikely to capture any impact from the outcome of last month's Brexit referendum, all eyes are on the outlook as banks prepare for slower economic growth and a possible UK recession.
- Bloomberg•2 days ago
As U.K. banks post second-quarter results, investors will be watching for yet another deepening of cost cuts -- courtesy of Brexit.
Lloyds Banking Group plcNYSE
After hours: 2.920.01 (0.34%) as of 5:58 PM EDT
|Bid||2.90 x 301900|
|Ask||2.91 x 205700|
|52wk Range||2.47 - 5.43|
|Day's Range||2.89 - 2.94|
|Avg Vol (3m)||8,833,346|
As of 4:02 PM EDT. Market closed.