The UK has a large banking sector—at the end of 2008, British banks’ assets amounted to around 400% of GDP, having expanded rapidly since since 1990. The sector consists of both domestic and foreign banks whose total assets reached 4,234bn GBP on August 2003, more than three times the 1990 total of 1,266bn GBP.
Major trends in the UK banking sector over the last years include the conversion of building societies into banks, the consolidation of the UK banking industry and the entrance of non-financial firms into the financial services market.
More recently, UK banks’ high exposure to international markets,…
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Banks Directors Dealings
| Date |
Director |
Trans |
Amount |
Type |
Price (p) |
Value (£) |
Holding |
% |
| 07-07-2010 |
V.C.H. Chuen |
DRIP |
13,528 |
ORD |
592.74 |
80,186 |
1,534,258 |
N/A |
| 28-06-2010 |
S.A.M. Hester |
SELL |
339,384 |
ORD |
43.68 |
148,243 |
2,735,801 |
N/A |
| 28-06-2010 |
S.A.M. Hester |
EX |
695,167 |
OPT |
0.00 |
0 |
N/A |
N/A |
| 17-06-2010 |
A.C. Hungate |
SELL |
4,000 |
PREF |
1,750.70 |
70,028 |
N/A |
N/A |