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All eyes are on Barclays, Royal Bank of Scotland and HSBC releasing results
Thursday 26 Oct 2017 Author: David Stevenson

A trio of the UK’s largest banks are releasing quarterly results over the next week, starting with Barclays (BARC) today (26 October), Royal Bank of Scotland (RBS) on 27 October and HSBC (HSBA) on 30 October.

All the banks are faced with the prospect of UK interest rate hikes which should be beneficial although uncertainty over Basel IV rules – a new standard for banks’ capital reserves – may weigh heavy as will stress tests.

Given the prospect of the UK economy slowing, HSBC investors may well be the most optimistic due to the bank’s exposure to high growth Asian markets.

Among the UK banks, Royal Bank of Scotland has been the best performer this year from a share price perspective but still faces misconduct charges.

Barclays will hope to move away from its half year loss.

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