Investors awaiting guidance on further charges for PPI claims at Barclays, Lloyds and RBS as analysts brace for Brexit impact
Further charges for the payment protection insurance mis-selling scandal and details of the impact of Brexit will be in the sights of investors when the high street banks report their third-quarter results this week.
The financial services industry has already incurred £37bn of costs associated with PPI and is now expected to face an even bigger bill after the Financial Conduct Authority set June 2019 – rather than spring 2018– as a deadline for claims.
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