UK banking bosses are preparing for a grilling this week as investors and analysts assess the fallout from the most turbulent period for the banking sector since the 2008 financial crisis. The tumult ended in the collapse of Silicon Valley Bank and Credit Suisse, and has raised questions over a sector that brought the global economy to its knees just over a decade ago.
Against this backdrop, Britain’s biggest lenders will this week report on their earnings for the first three months of the year. Banking experts will scrutinise the companies’ contingency plans to avoid being dragged into any future crises, and assess their bosses’ confidence in financial regulations that were meant to protect against a wider fallout.
