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UK Banks Face Declining Profits as Interest Rate Cuts Remain Uncertain /
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2024-06-13 07:01:57

UK Banks Face Declining Profits as Interest Rate Cuts Remain Uncertain on Nostr: Wise Forecasts Slower but Steady Income Growth for the Year =============== #c751eee6 ...

Wise Forecasts Slower but Steady Income Growth for the Year
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#c751eee6 ver:0.18

Barclays plans £2bn cost-cutting drive, aims to return £10bn to shareholders. Vanquis Banking Group reports loss but aims for lending growth. Lloyd's of London reports £10.7bn profit, plans consistent performance. NatWest sees 27% decline in Q1 profits. Wise forecasts slower but steady income growth. UK banks expect lower profits, narrower margins, but uncertainty over rate cuts may help. #Barclays #Vanquis #Lloyds #NatWest #Wise #UKbanks...

#newstr #UkBanks #InterestRates #Profits #Natwest #Wise #FinancialForecast #IncomeGrowth

https://here.news/story/c751eee6?ver=0.18
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