brexit
youtube
French President Emmanuel Macron recently labeled Brexit the biggest lie of the last 30 years, pointing to an eight percent loss in gross domestic product for the United Kingdom. Despite persistent macroeconomic headwinds pressuring the UK financial sector, top British banks continue to generate solid returns. Lloyds Banking Group generated 11.01% revenue growth and an 11.34% return on equity, earning a Quant Buy rating based on sector fundamentals. Meanwhile, Barclays achieved 9.69% revenue growth and a 10.09% return on equity, but softer price momentum has kept its Quant rating at a Hold.
|
