Big U.K. Banks Slow To Keep Lending Pledges

10 Aug 2009

The top four banks in the U.K. have been slow to keep their promise to lend more money, a situation that may threaten the kingdom’s economic recovery.

The top four banks in the U.K. have been slow to keep their promise to lend more money, a situation that may threaten the kingdom’s economic recovery. Of the £38 billion ($63.68 billion) lent so far this year by Barclays, HSBC, Lloyds Banking Group and Royal Bank of ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial