The yawning investability gap between US banks and UK peers

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Financial Times 10h ago

The yawning investability gap between US banks and UK peers - Financial Times

Quick Summary:

Part of the case on which the Court of Appeal ruled related to an undisclosed arrangement whereby car salespeople earned higher commissions if they were able to trick customers into higher interest loans.

All the big US banks have enjoyed double-digit percentage share price jumps, led by Goldman Sachs, up 15 per cent since the November 5 election.

Balancing that with the just treatment of wronged consumers is a huge challenge — but it is not as big as the one facing Britain’s banks as they contemplate the yawning chasm between their own investability and that of their US peers.