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%
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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Investor rebellions in store for Lloyds, Metro Bank and G4S meetings
Ahead of Metro Bank's AGM, American founder Vernon Hill urged investors to “meet with the directors and express your views by attending, raising questions and voting”
Metro Bank, the sector's lightning rod, escapes the bolts ... for now
After another short-seller squeeze yesterday, shares in Metro Bank have opened little changed today but more trouble could be coming down the turnpike, with shareholder advisory groups exhorting investors to make their feelings known at the
UK’s top 40 companies gain momentum at start of 2019 as profits sink for the rest
Higher earnings from blue-chip firms such as Lloyds and HSBC helped send overall profits for the UK's largest firms 11% higher in the first quarter, while the rest of the corporates saw theirs tumble 18%
'Cash cow' Lloyds seen climbing the bank dividend rankings
Analysts at UBS think regulatory changes this week increase Lloyds’ capacity for a special dividend payout this year by £1bn
Lloyds posts flat profit as it takes hit for ending Standard Life Aberdeen contract early
Lloyds maintained its financial targets for the year and said it remained confident on the outlook despite Brexit uncertainty
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FTSE 100 closes in the red after BoE keeps interest rates on hold
The UK blue-chip index finished down nearly 34 at 7,351, while its mid-cap cousin FTSE 250 lost over 127 points
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Bank of England rates decision to take macro spotlight on ‘Super Thursday’
On the corporate front there will be another big batch of blue-chip updates to digest, notably from oil major Shell and banking giant Lloyds
Lloyds gets more room for dividends as regulator loosens risk buffer
Prudential Regulation Authority cuts lender's systemic risk buffer, allowing bank to lower its capital ratio target
FTSE 100 closes higher after US inflation data
It comes after latest data showed that core inflation in the US was flat last month (March) while consumer spending rose
Barclays, Lloyds and RBS to report first-quarter earnings with margins, costs and bad loans in focus
Lloyds seems to be doing the best job of countering headwinds facing the sector, according to AJ Bell investment director Russ Mould
Standard Life Aberdeen needs to cut costs after losing deal with Lloyds, says Barclays
Barclays downgraded its stance on Standard Life Aberdeen to ‘equal weight’ from ‘overweight’ and removed it as a "top pick"
Investments and investor services
FTSE 100 closes in positive territory, boosted by better-than-expected US March jobs figures as Brexit uncertainty continues
Mid-cap cousin FTSE 250 was also lower, shedding around 56 points at 19,507
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Lloyds and other ex-dividends to knock 11 points off FTSE 100 on quiet Thursday in the City
Away from the ex-divs, Saga, Electrocomponents and EntertainmentOne are all due to come to the market with trading updates or results
AA wins contract with Admiral after deals with Lloyds, Volkswagen and others boost revenues
AA said it is confident that its strategic plan will deliver “sustainable EBITDA growth” and “strong free cash flow generation”
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US jobs to provide main focus, though UK PMIs still key as Brexit SNAFU continues
Aside from the UK and US data - and Brexit - corporate news in the week ahead will include updates from blue-chip budget airline easyjet and Ladbrokes Coral owner GVC Holdings
Barclays upgrades Virgin Money owner CYBG to 'equal weight' but still prefers Lloyds and RBS
Barclays also initiated coverage of Metro Bank at ‘underweight’
Henry Boot expects 'challenging' year for the UK property sector as Brexit looms
Henry Boot said the new year has “started well” and its expectations for 2019 remain unchanged despite Brexit uncertainty
Lloyds in hot water as CEO the only employee to receive final salary pension
Lloyds faces a backlash from shareholders over its pension policy at the annual meeting on May 16
Lloyds not entitled to end £100bn asset management deal with Standard Life Aberdeen, tribunal rules
Standard Life Aberdeen said it is considering its next steps and is "working constructively with Lloyds to bring the matter to resolution"