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Britain banks to post stronger-than-forecast Q3 results

RBS is expected to report a loss of £231 million partly because of ongoing restructuring and litigation charges, according to analysts.

Lloyds is expected to contribute an additional £750 million in PPI provisions after the Financial Conduct Authority pushed back a deadline for compensation claims by a year.


BRITAIN'S major banks are set to report stronger-than-expected results this week, confounding expectations that political and economic upheaval caused by the vote to quit the European Union (EU) would immediately squeeze profits.

Since the vote in June, shares in Royal Bank...