RBS,Lloyds, HSBC and Standard Chartered insist they are strong enough to resist another global downturn, and but is that what their figures reveal?Four of Britain’s biggest banks reported annual results this week and insisted they were robust enough to resist another global downturn. But what did the results for HSBC,Standard Chartered and the bailed-out duo of Lloyds Banking Group and Royal Bank of Scotland command us about the industry and the wider economy? Related: British bank annual results – interactive Continue reading...
Source: theguardian.com