UK banking bosses gave off an surprising air of calm once they launched second quarter earnings over the previous week, defying wider anxiousness over the price of residing disaster and its influence on companies and shoppers.
Main excessive road lenders, together with NatWest, Barclays, Lloyds and HSBC, largely shrugged off considerations over potential defaults linked to weaker financial forecasts, with most asserting recent payouts for traders and as a substitute releasing cash they beforehand put apart for dangerous loans.
So…