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Create a 8 pages page paper that discusses a report of the recent performance of a banking sector in a country of your choice.
Create a 8 pages page paper that discusses a report of the recent performance of a banking sector in a country of your choice. In the case of the British banking industry, the repeated failures of banks to meet the market rules led to severe losses, a fact which has traumatized the British economy, which is still in a period of recovery. The recent performance of banking industry in Britain is examined in this paper. It is revealed that banks across the country have managed to stabilize their performance, even if the relevant process has not, yet, ended. Another important finding of the research developed for this paper has been the following one: banks which have been well established in the British market have been able to face more effectively the pressures caused because of the crisis of 2007-2009. Also, the support of the state to the banks has been of critical importance for the recovery of the British banking sector, even if efforts are still required for the performance of banks in Britain to be stabilized. It should be noted that the paper is highly based on the material published in governmental and non-governmental organizations. Also, recent articles from newspapers across Britain – worldwide also – have been used in order to show the current performance of banks in the particular country – aiming to reflect the current conditions of the country’s banking sector. 2.