British banks are in a slump but should recover after the bailout is completed in June 2010. I'm betting the price is near bottom now. Should see some nice gains in the next few months.
After its acquisition of HBOS PLC earlier this year, this London-based banking giant became the largest retail bank in the U.K., serving one in three people in the country. It is also involved in commercial banking and insurance. The firm has a market cap of about $44.7 billion, and has taken in more than $43 billion in sales in the past year.
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