RBS and Lloyds boosted by Credit Suisse upgrades with 'soft' Brexit expected
Credit Suisse believes there is “too much pessimism” about UK lenders and expects a 'soft' Brexit
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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FTSE 100 closes higher as Catalan president's speech in the spotlight
The UK benchmark finished the day at 7,538, up 30.38 points
Barclays Capital remains bullish on Lloyds and Virgin Money, says mortgage pressures for UK banks are easing
The BarCap analysts pointed out that while the volume outlook is subdued, credit quality is also relatively benign, so modest mortgage repricing and subdued growth should support the sector’s earnings outlook
Royal Bank of Scotland and Lloyds Banking Group boosted by American investment bank's interest rate call
Already the mood music from the Bank of England has led to a steepening of the yield curve
Lloyds to transfer about 1,000 insurance division staff to a subsidiary of India’s Tata Consultancy Services
Trade union Unite said staff at Scottish Widows and Clerical Medical in Edinburgh and Bristol will be transferred to the new company, although no time frame has been given for the move
UK accounting watchdog clears KPMG over audit of collapsed lender HBOS, rescued in 2008 by Lloyds Banking Group
HBOS – the merged Halifax/Bank of Scotland group - had been one of the UK’s biggest lenders but required emergency government assistance to keep it afloat during the financial crisis, and the taxpayer ended up taking a 42% stake in Lloyds a
Virgin Money boss warns on threat of cheap loans to mark anniversary of Northern Rock collapse
Lloyds and Barclays are the most exposed to the risks facing the rapid growth in consumer credit, according to Societe Generale
FTSE 100 trims losses
The FTSE 100 retreated as investors worry about Hurricane Irma, while mixed economic statistics raised fresh concerns over the UK economy.
Lloyds most complained about bank in first half, Financial Ombudsman reveals
Lloyds and its units received 38,609 complaints during the first half, according to the Financial Ombudsman Service
Lloyds' former risk officer initially refused to sign off on HBOS loan facility, lawsuit alleges
Lloyds has denied claims that it failed to disclose a £10bn loan facility to help keep HBOS afloat
Former Lloyds CEO Eric Daniels sues for unpaid bonuses
Former chief executive, Eric Daniels, played a central role in the ill-fated takeover of HBOS and the payment protection insurance mis-selling scandal
Lloyds rated 'buy' at UBS despite its results failing to ignite shares
UBS notes that second quarter numbers for UK banks beat market consensus by 13%,
Lloyds plans to take bigger slice of wealth management market under new strategic plan
Lloyds wants to capitalise on its position as the UK’s only integrated high street bancassurer
FTSE 100 plunges on North Korea fears
The FTSE 100 finished 108 points lower at 7,390, about 13 points above its intra-day low
Lloyds, RBS and Barclays first half results highlight ongoing struggles with past misdeeds
Lloyds, RBS and Barclays continue to be bogged down with the task of tidying up their past transgressions
Lloyds unlikely to report revenue growth past 2017, Berenberg warns
Lloyds is exposed to risks of a slowdown in consumer credit and conduct issues, Berenberg said
Lloyds, RBS and HSBC face hit to revenues as UK watchdog considers ban on overdraft fees
Unarranged overdraft fees generated about £1.2bn of revenues for banks in 2014, according to the CMA
FTSE 100 fagged out as US Food and Drug Administration targets nicotine levels in cigarettes
Despite the beating meted out to IMPs and BATs, the Footsie rallied in the last half hour to trim its heavy losses
Lloyds under the cosh as analysts expect PPI saga to drag on
Lloyds has two more years of the PPI storm to weather with the financial regulator's deadline for claims set at August 2019
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