Thousands of Lloyds staff face axe in performance overhaul, FT reports
Lloyds Banking Group will put thousands of its staff at risk of dismissal, with about 3,000 people deemed among the bottom 5% set to be put at risk of dismissal, the Financial Times reported on Thu...
Lloyds keeps motor finance provision under review after Supreme Court ruling
Lloyds Banking Group said on Monday it would keep its 1.2 billion pound ($1.6 billion) provision for motor finance claims under review, after a Supreme Court ruling last week went largely in favour...
Lloyds Banking Group plc (LYG) H1 2025 Earnings Call Transcript
Lloyds Banking Group plc (NYSE:LYG ) H1 2025 Earnings Call July 24, 2025 4:30 AM ET Company Participants Charles Alan Nunn - Group Chief Executive & Executive Director William Leon David Chalmers -...
Lloyds Banking Group Q2 Earnings: Structural Hedge Tailwind Continues To Power Growth
British bank Lloyds reported a solid set of figures for the second quarter, with after-tax earnings comfortably clearing consensus. The bank's structural hedge continues to power net interest margi...
Britain's Lloyds says profits up 5%, even as economic outlook dims
Lloyds Banking Group reported its profit for the first half of the year rose 5%, beating analysts' forecasts, as income grew even as it faces a murkier economic outlook and rising corporate defaults.
Lloyds: UK banks look sturdy as rates hold up and balance sheets stay healthy
JP Morgan remains upbeat on the outlook for UK banks, pointing to resilient interest rates, steady cash generation, and undemanding valuations as the key reasons behind its positive stance. Followi...
Lloyds Banking Group: Tariff Uncertainty Creeps Into Q1 Results
Shares of Britain's Lloyds Banking Group have been an exceptional performer so far in 2025, returning over 40%. Lloyds' first quarter was arguably a little mixed, with stronger than expected net in...
Lloyds Banking Group Confirms Guidance as Interest Income Holds Up
The U.K. lender posted a rise in its top line as income from interest remained resilient despite central-bank rate cuts.
Britain's Lloyds quarterly profit drops 7%, provisions $133 million for tariffs
Lloyds Banking Group reported a near 7% drop in first-quarter profit on Thursday, hurt by higher costs, and said it had set aside 100 million pounds ($132.9 million) for tariff-related impact.
Lloyds Banking Group: Underlying Trends Remain Positive Despite More Motor Provisions
Lloyds Banking Group delivered solid fourth quarter results, although another round of motor commission provisions drove a bottom line miss. Underlying trends were better for the bank. Hedge income...
Lloyds Banking Group plc (LYG) Q4 2024 Earnings Conference Call Transcript
Lloyds Banking Group plc (NYSE:LYG ) Q4 2024 Earnings Conference Call February 20, 2025 4:30 AM ET Company Participants Charlie Nunn - Executive Director and Group Chief Executive William Chalmers ...
Lloyds profit down a fifth, extra £700mln set aside for motor finance probe
Lloyds Banking Group PLC saw profit drop by a fifth last year and set aside hundreds of millions in the final quarter to cover a potential hit from motor finance mis-selling. Statutory pre-tax prof...
Britain's Lloyds Bank reports 20% fall in annual profit, missing estimates
Lloyds Banking Group reported a 20.4% drop in annual profit on Thursday, missing market expectations, as interest rate cuts hit lending margins and Britain's sluggish economic recovery hurt the ban...
Lloyds Banking Group to shut further 136 branches
Lloyds Banking Group PLC is planning to close another 136 branches over the coming year. Adding to previously announced closures, the group incorporating Lloyds, Halifax and Bank of Scotland will b...
We expect 3 rate cuts in the UK this year: Lloyds Banking Group CEO
Charlie Nunn, CEO of Lloyds Banking Group, discusses the state of the U.K. economy at the World Economic Forum in Davos.
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