Gustav Sandstrom

Mar 13, 2024 | ionanalytics.com | Gabriele Rutkauskaite |Lucinda Guthrie |Gustav Sandstrom |John West

Challenger, mid-tier banks struggling to differentiateBarclays, HSBC among potential buyersEuropean banks choose to pay dividends over acquisitionsThe UK’s banking sector is expected to see consolidation driven by financial and digitalisation pressures, industry bankers toldthis news service. This comes after Nationwide Building Society made aGBP 2.9bn cash bid for Virgin Money [LON:VMUK] last week.