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Bank profitability in UK still below 2009 crash level: KPMG

Average return on equity, a measure of profitability, remained lower than in 2009 for Britain's five biggest lenders.


FIVE years after the financial crisis, profitability at the largest UK banks remains lower than in 2009 and bad loans higher, according to KPMG LLP.

Britain's five biggest lenders - Royal Bank of Scotland Group Plc, Lloyds Banking Group Plc, HSBC Holdings Plc, Barclays Plc