By: Leonard Kehnscherper, Charles Capel
It's been a tough week for Britain's banks. NatWest followed Barclays this morning in downgrading its expectation for what it will make from loans compared to what it’s paying on deposits. Even though their profitability from interest rate hikes may have peaked, Britain’s banks are likely to remain under fire amid rising public pressure to increase savings rates and NatWest’s debanking controversy.