Analysts say British banks facing pressure on revenue and margins.
BANKING AND CREDIT NEWS-June 13, 2019--Analysts say British banks facing pressure on revenue and margins
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Global Banking News - 13 June 2019
British analysts have said that mortgage lenders in the nation are facing pressure to their revenues and margins.
Analysts at HSBC Holdings (LSE: HSBA) trimmed share price targets on Lloyds Banking Group PLC (LON:LLOY) and its high street rivals.
Subdued mortgage volumes and contracting pricing are already threats. To add to it, deposit pricing is also likely to get more competitive, analysts said.
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