Similarly, Horta-Osorio said last month that he will ask regulators in the fall for permission to restart dividend payments, which would be the lender's first since 2008.

The bank has come a long way since its near collapse five years ago, and the next steps looks to be returning to its normal, conservative ways, helping Britain prosper.

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At the time of publication, the author had no position in any of the funds mentioned.

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This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

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