Lloyds and RBS to get big Xmas present from “market friendly election”
Analysts at Berenberg said Lloyd's and RBS will benefit from positive UK news, while HSBC's exposure to Hong Kong poses headwinds
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 to cut CEO’s salary by £228,000 following backlash over executive pay
The FTSE 100 lender will also be pumping in £20mln to help boost the salaries of its other 65,000 staff
Lloyds the top UK pick as Morgan Stanley upgrades European banks
Lloyds, Santander, and Unicredit were picked as winners, after impressing Morgan Stanley with their profitability, cost efficiency, and clear capital plans
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The High Court of Justice rejected the injunction that claimed investors were misled
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Lloyds Banking profits crash 97% in third quarter after PPI hit
The lender's underlying profits were also lower, down 12% to £1.82bn as income fell
Lloyds' PPI charge may scare the horses on Halloween, BT bounce-back eyed
The black horse-branded bank last month suspended its share buyback as it warned of likely £1.2bn-£1.8bn PPI compensation costs due to a spike in complaints
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Lloyds and HSBC continue Big Four banks results, with oil majors also on the corporate agenda
Away from the corporate numbers, the latest Federal Reserve rate decision and US jobs data are also due in the coming week
Lloyds shares “less attractive” due to earnings risks, Citigroup says
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Lloyds and other banks surge on Brexit deal hopes
The chances of reaching a deal before 31 October are still fairly low, according to analysts
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.
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Warnings from CYBG and RBS lead analysts to predict more provision for payment protection insurance misselling in run-up to last month's deadline
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.
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HSBC to cap off earnings season for UK's big-four banks
The week ahead includes interim results from HSBC, Standard Life Aberdeen and William Hill along with UK economic growth data
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
Investments and investor services
FTSE 100 closes in the red as traders await first US rate cut since recession
Investors are expecting a cut of 0.25% in the benchmark short-term rate
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Lloyds to post weaker profits as PPI claims deadline looms
The day ahead includes interims from Lloyds and Taylor Wimpey along with the Federal Reserve's latest policy decision
Investments and investor services
FTSE 100 closes lower but BP top gainer after Q2 results beat expectations
The FTSE 100 index closed 39.84 points lower on the day at 7,646, while the midcap FTSE 250 index plunged almost 112 points to close at 19,774
Investments and investor services
FTSE 100 romps to higher close as Just Eat delivers 22% share gain
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