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Barclays and NatWest set the pace for UK banks in 2024

In 2023 European banks managed to outperform their US and UK peers by quite some distance while US and UK banks underperformed, although the rebound seen in the European banking sector in 2023 needs to be set in the context of years of underperformance by banks across Europe as a result of the turmoil of the sovereign debt crisis at the beginning of the last decade.

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