Low Rates Hurt Banks in Multiple Ways


Low Rates Hurt Banks in Multiple Ways
— Paul J. Davies
The Wall Street Journal Europe
Oct 14 2016

Ultralow interest rates aren’t just a problem for banks’ lending books. In the U.K., they also are a pain for pension plans. Several big U.K. lenders, such as Barclays, Lloyds Banking Group and Royal Bank of Scotland, have large defined-benefit…read more…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s