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S&P revises outlooks on UK banks

S&P Global Ratings on July 7 revised the outlookson a number of major U.K. lenders, saying the country's vote to leave the EUhad increased the risks of adverse economic developments.

S&P said it now sees a negative trend for U.K.banking industry economic risk. It revised to negative from stable the outlookson lenders including Barclays Plc, HSBC Holdings Plc, Lloyds Banking Group Plc,Santander UK Plc and Nationwide Building Society, and revised to stable frompositive the outlook on Royal Bank of Scotland Group Plc.

S&PGlobal Ratings and Market Intelligence are owned by S&P Global Inc.