31-01-2017 00:12 via uk.news.yahoo.com

British lender CYBG says first-quarter trading in line with expectations

(Reuters) - British lender CYBG Plc , home of Clydesdale Bank and Yorkshire Bank, said on Monday its first-quarter net interest margin was unchanged from a year earlier, in line with its expectations, as asset yields came under pressure. The lender said net interest margin in the three months ended Dec. 31 was flat at 222 basis points, and that its trading in the period was in line with its expectations. "As expected, asset yields came under pressure from the start of the period following the Au
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