Photographer: Simon Dawson/Bloomberg

U.K. Challenger Banks Jump More Than 25% as Brexit Fears Fade

  • OneSavings Bank on-track for biggest weekly gain since IPO
  • Fears over the impact of Brexit on small banks are receeding

OneSavings Bank Plc, Aldermore Group Plc and Shawbrook Group Plc have each climbed more than 25 percent this week amid growing optimism Brexit won’t hurt the U.K.’s challenger banks as much as previously anticipated.

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