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RBC cuts target prices for UK banks after motor finance ruling

By Benjamin Chiou

Date: Thursday 31 Oct 2024

(Sharecast News) - RBC Capital Markets has cut target prices for a number of UK-listed banks after this week's landmark ruling on motor finance commissions, saying that the news brings about an increased level of uncertainty and potential downside for lenders.
Last Friday, the Court of Appeal ruled that it was...

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