Investors had expected a torrid set of half-year results, but Barclays, Standard Chartered, Lloyds, NatWest Group and HSBC fell short of these low expectations.
LONDON: Britain's banks took a gloomier view than almost all their European peers in their second quarter earnings, as coronavirus fears, Brexit and low interest rates caused them take tougher "worst-case" scenarios into their risk models.
Investors had expected a torrid set of half-year results, but Barclays, Standard Chartered, Lloyds, NatWest Group and HSBC fell short of these low expectations.
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