UK banks falter in the search for growth

UK banks falter in the search for growth

Britain’s top five banks are feeling the effects of low interest rates and higher costs. Can they find a route back to growth?

Also on KPMG.com

Despite an improving economic picture, 2015 results for RBS, HSBC, Standard Chartered, Lloyds and Barclays show no sign of their recovery of recent years. Low interest rates and high costs have put downward pressure on profits. With concerns over their operating models in the face of market forces and regulation, it is not clear how banks will reverse the trend.

Our benchmarking analysis looks at the financial results of the top five UK-listed banks and the key themes behind them.

Benchmarking analysis highlights

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