- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
However, McEwan is tipped to say that the bank’s core franchises are sound and generating strong profits and that an end to the reconstruction work at the bank is within sight. Further
cost-cutting, branch closures and thousands of job losses are also forecast. Meanwhile, on Tuesday HSBC’s net profits for the year are expected to be down 38.8 per cent to $8.3billion
(£6.7billion) because of adverse currency movements and losses on the sale of its Brazilian division. Lloyds Banking Group on Wednesday is tipped to say its profits more than doubled to
£2.5billion, while Barclays is thought to have swung a loss of £394million into a £1.3billion profit. First Direct swept the top honours at this year’s British Bank Awards, winning in five
categories, including Best British Bank, Best Customer Service and Best Value For Money. Organised by financial services reviews site smartmoneypeople.com, the awards saw Nationwide named
best mortgage provider and Virgin Money as best credit card firm. Tesco Bank and Santander were both big fallers in customer satisfaction.
