Something ironic in Barclays and its former boss being hit with first criminal charges related to financial crisis
Laith Khalaf, senior analyst at Hargreaves Lansdown said: ‘Skeletons seem to be jumping out of lots of closets at once for Barclays”
Company
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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Laith Khalaf, senior analyst at Hargreaves Lansdown said: ‘Skeletons seem to be jumping out of lots of closets at once for Barclays”
The pound has plummeted against the dollar on dovish remarks from Bank of England Governor Mark Carney
Meetings today should seen Standard Life’s £11bn merger with Edinburgh–based fund manager Aberdeen Asset Management ratified by shareholders
Lloyds has set aside £100mln to compensate victims of fraud at the Reading branch of its HBOS business
FTSE 100 closed down 11.88, or 0.15%, to 7,499 on Tuesday
Neil Wilson at ETX markets said the index is being propped up by dollar earners benefiting from a weaker pound with defensive stocks also doing well.
Banks, retailers, media and housebuilders are the biggest fallers on the FTSE 100 on the shock news of a hung parliament
HSBC expects a sharp sell-off in shares of RBS, Lloyds and Barclays if Labour wins the general election
The blue chip FTSE 100 index closed 28 points down at 7,449
Lloyds is being sued by investors over claims they withheld information about the perilous financial state of HBOS before it was taken over by the bank in 2008.
Lawyers representing TV star Noel Edmonds in his case against Lloyds over the HBOS Reading fraud have criticised the bank's compensation plans for victims as a "scam".
Investments and investor services
Zak explores just how change of name might (and might not) alter the fortunes of a small-cap
Lloyds expects its takeover of credit card business MBNA will generate cost savings and bolster earnings and revenue
Lloyds said its takeover of MBNA will boost earnings and increase its market share in credit cards
After a gloomy morning for the pound, it started to build some momentum. FTSE 100 finished at 7,543
The FTSE 100 and FTSE 250 indices hit record highs today
Investments and investor services
The FTSE 100 index closed up 29.61 at 7,514 with easyJet the biggest gainer
Barclays has added Lloyds to its European recommended portfolio as its stock is attractively priced
A group of former suing Lloyds over its takeover of HBOS has accused the lender of gloating over its return to private ownership
Lloyds has come far since its 2008 bailout but it is not out of the woods yet as it continues to wrestle mis-selling scandals and its HBOS Reading fraud case