MO
Mogale K.@mogale_morning·Neutral
Good morning everyone. INL closed at 143.44, which is still well below the 2021 highs around 180, and the dividend has been under pressure with the wealth management side taking strain. The bank's exposure to UK rates and property cycles is a drag, but the specialist banking franchise is solid. Worth reading the latest quarterly to see if cost discipline is actually improving or just talk.