Government delays Lloyds stake sale as bank fears rise
Analysts say Osborne's action may signal other worries such as the impact on banks of low oil prices
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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RBS and Santander hit by new PPI provisions and writedowns
RBS also put aside £1.5bn in relation to various US residential mortgage-backed securities litigation claims
Investments and investor services
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RBS, Lloyds, Wood Group, Amec, Weir, Vodafone and QinetiQ are in Tuesday’s broker spotlight.
Archive
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Archive
There is light at the end of Lloyds Banking's tunnel
Other companies featured: Amec Foster Wheeler, Aviva, Aveva, Hunting and Petrofac
Investments and investor services
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Investments and investor services
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Archive
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Indie lenders better off than big banks after Autumn Statement says ShoreCap
Around half of lending is related to re-mortgaging, which would not be impacted by the stamp duty surcharge.
HBOS chiefs face fresh controversy as report is unveiled
The study is poised to focus on why the Bank of England had to prop up HBOS
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The Footsie rose 39.57 points to 6314 while mainland European shares also gained
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“We are very excited about unifying Visa into a single global company," said Visa CEO Charles Scharf.
Archive
Gaps, Lloyds and the not-so-heart warming tale of Centrica
Our resident tea leaves reader takes a look at the illogical - as well as Centrica and Lloyds.
Investments and investor services
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A "surprisingly stellar October" was ended "in the dullest way possible," according to Spreadex.