Lloyds Banking Group

Receive alerts
Market Cap:
£38.8 billion
52 weeks high
52 weeks low

Viewing results 1-25 of 564

Retail & consumer

Thomas Cook confirms need for extra £200mln as it teeters on brink of collapse

A consortium of banks, led by RBS and Lloyds, have demanded the travel group stump up the extra cash to see it through the slower winter season...

1 day, 16 hours ago

N Brown joins RBS, Lloyds, Barclays and CYBG in announcing PPI claims hit

The extra provision for PPI claims has led the group to raise its full-year net debt guidance ...

1 week, 3 days ago

Mitie wins contract extension with Lloyds

Mitie said the deal is expected to generate revenues of about £170mln per year....

1 week, 3 days ago

Barclays joins Lloyds, RBS and CYBG in announcing big hit from last-minute surge in PPI claims

Barclays still expects to meet its capital ratio target, implying that it has enough cash for the rest of the year to cover the cost of foreseeable dividends, according to Shore Capital....

1 week, 5 days ago

Lloyds suspends share buybacks after surge in PPI claims result in further hit of up to £1.8bn

Lloyds warned that the unprecedented level of PPI claims means it will miss its capital build target of 170 to 200 basis points per year in 2019....

1 week, 6 days ago

Lloyds Banking, Barclays and HSBC 'increasingly likely' to unveil more PPI costs soon

Warnings from CYBG and RBS lead analysts to predict more provision for payment protection insurance misselling in run-up to last month's deadline...

2 weeks, 3 days ago
Retail & consumer

Lloyds to buy Tesco Bank's mortgage portfolio for £3.8bn

Lloyds said the deal was consistent with its strategy and would be “value accretive” to shareholders....

2 weeks, 5 days ago

Lloyds and RBS shares rise as PPI deadline nears

The banks will be glad to see the back of a scandal that is estimated to have cost them £40bn...

3 weeks, 3 days ago

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....

on 15/8/19

RBS trades at meaningful discount to Lloyds, says Goldman Sachs

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

on 13/8/19

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 ...

on 12/8/19

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....

on 7/8/19

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 ...

on 31/7/19

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