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| UK banks to come under scrutiny | UK banks to come under scrutiny |
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| Bad loans and lending levels will be under scrutiny as the UK's four biggest banks release their results for the first six months of the year this week. | Bad loans and lending levels will be under scrutiny as the UK's four biggest banks release their results for the first six months of the year this week. |
| A recovery in financial markets will have bolstered their performance but losses on mortgages and business loans are expected to have risen. | A recovery in financial markets will have bolstered their performance but losses on mortgages and business loans are expected to have risen. |
| They will also be under pressure to show that lending has increased. | They will also be under pressure to show that lending has increased. |
| Barclays and HSBC are likely to see the best results, with Lloyds and Royal Bank of Scotland still struggling. | Barclays and HSBC are likely to see the best results, with Lloyds and Royal Bank of Scotland still struggling. |
| The banks will also feel obliged to show that they have kept to a commitment to increase lending to businesses. | The banks will also feel obliged to show that they have kept to a commitment to increase lending to businesses. |
| The Chancellor, Alistair Darling, recently urged the banks to play their part in promoting economic recovery and expressed concern that smaller firms are being charged high interest rates. | The Chancellor, Alistair Darling, recently urged the banks to play their part in promoting economic recovery and expressed concern that smaller firms are being charged high interest rates. |
| Recovery? | Recovery? |
| Barclays, which will unveil its results on Monday along with HSBC, is expected to report a pre-tax profit of around £4bn, as the recovery in financial markets helped its investment banking arm. | Barclays, which will unveil its results on Monday along with HSBC, is expected to report a pre-tax profit of around £4bn, as the recovery in financial markets helped its investment banking arm. |
| HSBC should also report a profit of around $5bn (£3bn). However, its results will be flattered by a number of one-off gains and accounting technicalities, analysts said. | HSBC should also report a profit of around $5bn (£3bn). However, its results will be flattered by a number of one-off gains and accounting technicalities, analysts said. |
| Both Barclays and HSBC did not accept government bail-outs. | Both Barclays and HSBC did not accept government bail-outs. |
| Barclays could pay its investment bankers an average of £250,000 for six months' work, the Sunday Times reported. | Barclays could pay its investment bankers an average of £250,000 for six months' work, the Sunday Times reported. |
| In the US big bonus payouts from the likes of Goldman Sachs less than a year after banks were bailed out by the government have attracted criticism. | In the US big bonus payouts from the likes of Goldman Sachs less than a year after banks were bailed out by the government have attracted criticism. |
| Later in the week, Lloyds Banking Group, which took over HBOS at the height of the financial crisis last year, is expected to report a loss of around £5bn. | Later in the week, Lloyds Banking Group, which took over HBOS at the height of the financial crisis last year, is expected to report a loss of around £5bn. |
| RBS, meanwhile, is expected to have broken even with a profit of around £1.2bn after reporting the UK's biggest corporate loss in history of £24bn in 2008 | RBS, meanwhile, is expected to have broken even with a profit of around £1.2bn after reporting the UK's biggest corporate loss in history of £24bn in 2008 |
| The scale of bad loans at the banks will also be in focus as the recession leads to more job losses and homeowners and business struggle. | The scale of bad loans at the banks will also be in focus as the recession leads to more job losses and homeowners and business struggle. |
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