UK banks’ profits hit by soaring litigation costs – Financial Times


Financial Times
UK banks' profits hit by soaring litigation costs
Financial Times
Misconduct fines, compensation and related legal costs will constrain the biggest UK banks' profitability for at least another two years, according to fresh research that underscores the effect of a series of scandals that have tarnished the reputation
Moody's: Litigation charges continue to constrain large UK banks' profits as they increase 40% in 2015Moodys.com (press release) (subscription)

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