Lloyds Banking Group

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Market Cap:
£35.11 billion
52 weeks high
52 weeks low

Viewing results 1-25 of 567


RBS shares slump as HSBC, Macquarie downgrade stance

UBS maintained a ‘buy’ rating on RBS but lowered its target price to 265p from 285p citing “disappointing” second quarter results....

1 week, 3 days ago

RBS trades at meaningful discount to Lloyds, says Goldman Sachs

Goldman Sachs believes RBS’s discount to Lloyds is unwarranted...

1 week, 5 days ago

RBS set to announce Alison Rose as new boss

Alison Rose will become the first woman to lead one of the UK’s largest high street banks ...

1 week, 6 days ago

Standard Life Aberdeen assets grow rise after settling contract dispute with Lloyds

Looking ahead, the firm said the “current environment for asset management remains tough” as macroeconomic and political uncertainties continue to hurt investor sentiment....

2 weeks, 4 days ago

Lloyds sets aside further £550mln for PPI claims in second quarter

Lloyds said it now expects capital build to be at the lower end of its guidance range in 2019 ...

3 weeks, 4 days ago

Standard Life Aberdeen confirms Lloyds Bank to pay £140mln to settle fund dispute

The bank cancelled the £104bn contract when Standard Life and Aberdeen merged ...

on 24/7/19

Lloyds Banking and Standard Life Aberdeen agree £140mln settlement of fund dispute

Terms of the settlement are still to be finalised according to the reports but are said to include provision for SLA to manage £30bn of funds for Lloyds until 2022 ...

on 23/7/19

Lloyds Banking hit by JPMorgan downgrade due to 'rising chances' of no-deal Brexit

JPMorgan analysts downgraded their rating on Lloyds to ‘neutral’ and cut the share price target...

on 16/7/19

Lloyds offers cheapest mortgage rates in UK banking, Jefferies survey reveals

Jefferies said RBS is its top pick among UK-focused banks...

on 1/7/19

Lloyds freezes 8,000 offshore customer accounts amid regulatory clampdown on money laundering

Global banks have come under increasing pressure to meet tighter rules on financial crime...

on 24/6/19

Lloyds fined £45.5mln by FCA for failing to disclose HBOS fraud suspicions

Lloyds chief executive, António Horta-Osório, said the bank takes the enforcement notice "very seriously"...

on 21/6/19

CYBG upgraded by RBC after unveiling plan to rename itself Virgin Money

RBC raised its recommendation on CYBG to ‘outperform’ from ‘sector perform’ and maintained its target price at 250p....

on 20/6/19

Lloyds offers consistent dividend yield, says RBC as it keeps 'outperform' rating

RBC has cut target prices on Lloyds, Barclays and RBS ...

on 20/6/19

Lloyds’ head of pay defends chief executive’s renumeration package before MPs: media report

"When I go out to see people who are on £22,000, £30,000, £40,000, they see Antonio as a winner, because he brought this bank back from the brink,” Stuart Sinclair told MPs...

on 19/6/19

Lloyds and banking rivals 'going nowhere' amid new pressures on revenue and margins

Adding to mortgage market competition, analysts now expect pressure on deposit pricing and declining contributions from structural hedges...

on 13/6/19

Regulator proposes radical overhaul of 'dysfunctional' bank overdraft charges

“Following our changes we expect the typical cost of borrowing £100 through an unarranged overdraft to drop from £5 a day to less than 20 pence a day," said the FCA...

on 7/6/19

Lloyds remains Morgan Stanley's top pick of UK banks

Morgan Stanley left its recommendation on Lloyds at ‘overweight’ but lowered its target price on the shares to 70p from 78p ...

on 5/6/19

Davy Research upgrades Lloyds to ‘outperform’, says preferred play in UK banking sector

The Irish broker also raised its target price for the FTSE 100-listed firm to 71p from 70p, citing strong capital return and a more resilient earnings forecast...

on 28/5/19

Lloyds bosses summoned by MPs to explain 'greedy' pensions policy

“Setting CEO pay becomes an expensive version of whack-a-mole where pay committees, for appearance-sake at least, hammer down on one element, such as base salary, only to allow other parts, such as pension entitlement, to pop up to reward their executives”...

on 24/5/19

BofA Merrill Lynch expects Lloyds to see £2.0bn revenue headwind from competition in mortgage market

Analysts at the US bank pointed out that at £9.6bn of gross mortgage lending in the first quarter of 2019, Nationwide's 14.5% share of the market was "well ahead" of Lloyds's at 13.1%...

on 22/5/19
Retail & consumer

Tesco Bank and Nationwide highlight impact of competitive pressures on wider banking sector

First-quarter results from Lloyds, Barclays, Royal Bank of Scotland and HSBC all revealed a drop in net interest margins - a key profit measure for banks. ...

on 21/5/19

Lloyds to employ 500 staff for new digital hub in Edinburgh

The hub will develop new technology for Bank of Scotland, Lloyds Bank, Halifax and Scottish Widows customers...

on 20/5/19

Lloyds to start paying quarterly dividends from 2020 as shareholders approve pension policy

Lloyds shareholders approved the bank's remuneration policy at the AGM despite calls from MPs to vote against it due to the gap between pensions paid to executives and employees. ...

on 16/5/19

MPs urge Lloyds shareholders to vote against pay policy at Thursday’s AGM

MPs have voiced their frustration at Lloyds, which makes a hefty contribution to the pension of senior executives, but doesn’t offer those same perks to other staff...

on 15/5/19

Shares in Clydesdale owner CYBG seriously undervalued, says analyst after interim figures

The bank's shares, up 9% initially, settled at 195.9p, ahead 2.4%...

on 15/5/19