Monzo founder quits challenger bank because of mental health issues
Tom Blomfield first changed his role last May but decided to leave altogether after the pandemic exacerbated his state
Company
Lloyds Banking Group PLC
LON:LLOY
Lloyds Banking Group has many household names like Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Lloyds Banking Group is a leading UK based financial services group providing a wide range of banking and financial services, focused on personal and commercial customers. The Group’s main business activities are retail, commercial and corporate banking, general insurance, and life, pensions and investment provision. The Group operates the UK’s largest retail bank and has a large and diversified customer base.
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Lloyds, HSBC and other lenders get hiked by analysts as sector 'on bumpy road to recovery'
Analysts at Barclays and Deutsche Bank lifted their sights, following bullish moves from others last week
Banks lead the fallers in reaction to Brexit deal
A look at some of the major movers in London on Tuesday
Banks given permission by BoE to restart dividend payments
The BoE's Prudential Regulation Authority arm said payouts should be “prudent”, noting that there are still high levels of economic uncertainty as a result of the coronavirus pandemic
Lloyds, HSBC and NatWest will find it harder than rivals to hit forecasts, analyst reckons
Deutsche Bank said achieving the sort of cost savings envisaged will be “very challenging” for some banks
Lloyds Banking Group says CEO will step down early after getting Credit Suisse job
Lloyds' chief financial officer William Chalmers will step in as interim CEO, which could be for almost seven months if new boss Charlie Nunn’s current employers, HSBC hold him to his contract
Lloyds Banking Group poaches HSBC personal banking boss to be new CEO
Nunn's current contract may prevent him from starting for another 12 months
Lloyds, Barclays and other bank stocks hit by grim economic forecasts in spending review
Expectations of a historic decline in economic growth in 2020 alongside a surge in unemployment may spell bad news for the UK's largest lenders
Lloyds is best bank for coronavirus vaccine bet, says broker
“Even in the absence of a vaccine, we think the blanket ban will likely be dropped in 2021,” Credit Suisse analysts reckon
Lloyds Banking criticised for stepping up job cuts despite return to profit
Elsewhere, analysts at Bank of America Merrill Lynch upgraded their rating on Lloyds shares to 'neutral’ from ‘underperform’
Lloyds and its banking rivals have plenty of capital but will dividends return soon?
Pre-pandemic forecasts estimated the sector would pay out nearly £14bn in dividends on their 2020 earnings
Lloyds Banking returns to profit and announces Robin Budenberg as new chair
The capital position was also much strengthened, with the CET1 ratio rising to 15.2%
Archive
FTSE 100 show late promise but ends flat; US stocks rebound on GDP growth
In terms of sprint finishes, it's not exactly "Wattle the Throttle" but the Footsie has gently put its foot down on the accelerator
Archive
Lloyds, Shell and BT Group among the myriad excitement on Thursday
Emerging markets lender Standard Chartered PLC, advertising giant WPP Group, and orthopaedics firm Smith & Nephew are also on the slate of blue-chip results
Co-op Bank promotes ex-Lloyds man as sixth CEO in a decade
The lender's new CEO has been chief financial officer for the past two years
Lloyds and NatWest are worth buying ahead of Q3 results, reckons Citi
With investor interest in UK banks at an all-time low, analysts at Citigroup said they believe “this presents an opportunity” for investors
Coronavirus set to change work landscape of UK wealth and asset managers, says Lloyds Bank report
Data from the latest Lloyds Bank Financial Institutions Sentiment Survey showed that 89% of wealth and asset managers planned to maintain flexible working patterns while 85% expected to use digital platforms to liaise with clients
Lloyds Bank still a sell according to Goldman Sachs
Defaults are likely to rise markedly, suggests Goldman.
Lloyds' price target trimmed as analysts disagree on best banks in sector
Deutsche Bank prefers Barclays, but Citi said it was most at risk of additional charges
High St banks accused over fraud compensation record
One bank had only fully refunded 1% of victims while another had given 59% of victims all of their money back.