It's getting pounded on the back of RBS which is currently down 4.8%.
RBS making provisions for bad debts due to Brexit appears to be the issue. Oh and falling NIM. And I don't know what else and feel the best thing to do might be to come back at Christmas.
Did I read somewhere else that Banks have another round of payments to make? - er, like repeating the PPI which appears never to conclude....
However, I don't recall if it was Banks generally -or one specific Bank - could even be Shareholder Distress Rumpus gaining traction......
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Jefferies International today reaffirms its buy investment rating on Lloyds Banking Group PLC ORD (LON:LLOY) and raised its price target to 99p (from 91p).