Lloyds CEO warns against windfall tax on banks
Lloyds Banking Group PLC (LSE:LLOY) Chief Executive Charlie Nunn has urged UK policymakers to avoid imposing measures such as a windfall tax on banks, which have been implemented in some European c...
Lloyds Banking Group shares could double in bull case scenario - broker
Lloyds Banking Group PLC (LSE:LLOY)'s share price could double in a bull case scenario prepared by Morgan Stanley (NYSE:MS). The investment bank has moved the lender to 'overweight' from 'equal wei...
Lloyds Considers Job Cuts as Banks Shift to Digital
Lloyds' digital refocusing has reportedly placed more than 2,500 jobs at risk. The British banking giant is planning to review thousands of middle management roles, the Financial Times (FT) reporte...
More than 2,500 jobs at risk in Lloyds shakeup - The Guardian
More than 2,500 jobs are at risk at Lloyds Banking Group , which is set to become the latest financial institution to announce cost cuts, the Guardian reported on Friday, citing sources.
Lloyds vs Natwest pair trade tipped as analyst sees “value gap” between the UK banks
Short-sell Lloyds Banking Group PLC (LSE:LLOY) and buy NatWest Group PLC (LSE:NWG) is a short shelf-life ‘pair trading' idea suggested by analysts at RBC, who see a valuation gap between the UK's t...
Lloyds among top 20 European banks 'open to greenwashing' calls due to opaque reporting
While happily bragging about their green finance targets, Lloyds Banking Group PLC (LSE:LLOY), Barclays PLC (LSE:BARC) and HSBC Holdings PLC (LSE:HSBA) are among Europe's largest banks accused of f...
Lloyds arm Halifax stirs up mortgage market with new rates
High street lenders are stepping up mortgage rate cuts as the view that interest rates have peaked grows in conviction. HSBC online arm First Direct lopped 0.4% of its rates from today while Lloyds...
Lloyds to explore sale of bulk annuities worth 6 billion pounds - Bloomberg News
Lloyds , Britain's biggest mortgage lender, is said to explore the sale of some assets from its pension provider Scottish Widows worth 6 billion pounds ($7.27 billion), Bloomberg News reported on W...
The NIM party comes to an end for Lloyds and NatWest
Putting the Nigel Farage debacle aside for a second, NatWest Group PLC (LSE:NWG) has more than just a PR minefield to navigate right now. The lender saw its net interest margins, being the differen...
Lloyds Banking more stable than current rating suggests, UBS
Lloyds put in a stronger performance than feared post-Barclays in deposit volumes and pricing, said UBS, with net interest margin guidance maintained looks to be undervalued at current levels. The ...
Lloyds Banking sets for more shareholder handout-outs, suggests BoA
Lloyds' third quarter numbers were a relief compared to Barclays, according to analysts at Bank of America, especially the reiteration of margins and steady deposit performance. “This should suppor...
Lloyds sees record demand for ISAs as savings race hots up
Lloyds Banking Group PLC (LSE:LLOY) ‘s customers are opening record numbers of ISA's as they hunt for higher savings rates following the sharp increase in interest rates. The UK's largest lender sa...
Lloyds back guidance as profit tops forecasts and bad debts fall
Lloyds Banking Group PLC (LSE:LLOY) backed its outlook for 2023, including UK margin guidance, as it reported better-than-expected profits and a fall in bad debts. Charlie Nunn chief executive said...
Lloyds reports rise in Q3 profit, in line with forecasts
Lloyds Banking Group reported third-quarter profit broadly in line with forecasts on Wednesday, as the revenue boost from higher interest rates was counterbalanced by competitive pressure on margin...
Will Lloyds deliver in the third quarter?
Lloyds Banking Group PLC (LSE:LLOY) is due to report its results for the third quarter next Wednesday morning. UBS analysts said they are forecasting that Lloyds will have delivered £1.73 billion o...
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