Lloyds makes motor finance provision, but £2bn buyback planned
Lloyds Banking Group PLC (LSE:LLOY) profits declined in the fourth quarter of 2023 and it made a £450 million provision to cover potential costs of a motor finance probe, but the dividend was hiked...
Lloyds profit jumps, sets aside 450 million pounds for motor finance review
Lloyds Banking Group reported a 57% jump in annual profit for 2023 on Thursday, as Britain's faltering economy and a charge for potential costs from a regulatory review into motor finance failed to...
Lloyds Bank, Rolls-Royce and Nvidia reaction: Thursday's agenda
Ex-dividends will reduce FTSE 100 by a meaty 16.40 points on Thursday morning but will be overshadowed quickly in the rush of big-name company announcements and reaction to Nvidia overnight.
Will Lloyds make a car loan provision after Close Bros shock
After Close Brothers' shock scrapping of its dividend this morning, attention will turn to Lloyds Bank when it releases full-year results next week. Mid-tier bank Close decided on the dividend due ...
Lloyds Banking Group director Lord Lupton to exit at AGM
Lloyds Banking Group PLC (LSE:LLOY) announced that Lord James Lupton will step down from his position as non-executive director, after seven years on the board. Lord Lupton is also, at the same tim...
Is Lloyds Banking ‘cheap' or just a terrible investment?
Is the market missing something or are banks just a terrible investment? Russ Mould, AJ Bell's head of investment has crunched the numbers ahead of the start of the bank annual reporting season tha...
Lloyds reaches agreement in principle over $1.64 bln London claim
Lloyds has reached an "agreement in principle" with a property entrepreneur over a 1.3 billion pound ($1.64 billion) lawsuit that turned on the alleged manipulation of benchmark Libor interest rate...
Santander, Lloyds shares fall on report Iran used banks to evade sanctions
Shares of Banco Santander and Lloyds Banking Group dropped after a report that Iran used the two banks to evade sanctions.
Lloyds Banking Group used by Iran to evade sanctions - FT
Lloyds Banking Group PLC (LSE:LLOY) and Santander wre used by Iran to covertly move money around the world as part of a vast sanctions-evasion scheme backed by Tehran's intelligence services, accor...
Shares in Santander, Lloyds fall after report Iran used banks' accounts to evade sanctions
Shares in Santander and Lloyds fell after the Financial Times reported that Iran used accounts from two of the UK's biggest banks to covertly move money around the world as part of a vast sanctions...
Romance scams soared in 2023, says Lloyds
Romance scams surged 22% in 2023 compared to the previous year, with an average loss of £6,937 per victim, according to the latest figures from Lloyds Banking Group PLC (LSE:LLOY). Romance scams ar...
Lloyds Banking set for value uplift in 2024 - analyst
Lloyds Banking Group PLC (LSE:LLOY) is at the cusp of a potential uplift, according to a recent analysis by UBS. European banks “look cheap” against historic levels and UK banks “look cheap” compar...
Business optimism at two-year high, says Lloyds
British businesses started 2024 with their confidence at the highest level in nearly two years boosted by cooling inflation and hopes for interest rates cuts, according to a survey published on Wed...
Lloyds Slashes Jobs as Banking Customers Shift to Digital
Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team to understand cu...
Lloyds Banking axes 1,600 jobs as part of digital shift
Lloyds Banking Group PLC (LSE:LLOY) is cutting around 1,600 roles across its branch network as part of an overhaul to provide more services online. The cuts from Britain's biggest domestic bank are...
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