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LLOYDS BANK PLC.
Telegraph and Spectator auction starts to recoup Lloyds debtLloyds seized the titles from the Barclay family in June to claw back £1 billion ($1.2 billion) of debts, removing Barclay family members f...- Banks oppose cut in interest on cash at bank of EnglandTwo former BOE officials in recent weeks have said the UK government should consider reducing the interest paid on some deposits held by co...
- UK business confidence at lowest since Covid lockdownThe findings underscore the turmoil in the UK economy after Liz Truss abruptly resigned as prime minister and handed power to Rishi Sunak. ...
- Lloyds exceeds target on asset reductions as profit risesLloyds Banking Group Plc will shrink assets further and faster than forecast, as Britain's biggest mortgage lender reduces its reliance on ...
- Lloyds Banking raises $2 billion in bond marketLloyds Banking Group Plc, 41 percent-owned by British taxpayers and cutting 15,000 jobs, is selling unsecured bonds into a market that has ...
- Lloyds bank announces joint venture with private equity firmBritain's state-rescued Lloyds Banking Group said on Monday it had agreed to set up a joint venture with a private equity group, earning LB...
- Three big British banks to sell 100s of branchesBig British banks bailed out by taxpayers in the wake of the credit crunch will have to sell off large chunks of their businesses in exchan...
- UK to shake up banking, 100s of branches for saleThe official said that the banks were in negotiations with Britain's treasury and European regulators over how many assets they would have ...
- Lloyds bank gets 87 pct takeup on share offerLloyds Banking Group PLC said that shareholders, including the govt, took up 87 pc of a 4 billion pounds ($6.35 billion) open offer of shar...
- Lloyds Banking Group cuts 910 full-time jobsLloyds Banking Group PLC, Britain's largest retail bank, said on Thursday it is cutting 910 full-time positions in its motor finance busine...
- UK finance watchdog to investigate banksBritain's financial watchdog is planning to investigate the conduct of banking bosses in the run-up to last year's bailouts which saw billi...
- Barclays sells ETF unit iShares to CVC Capital for $4.4 billionBarclays Plc, UK's third-largest bank to sell its ETF iShares unit to CVC Capital Partners for $4.4 bn. Financial crisis I US mortgage cris...
- Barclays has strong start to New YearBarclays is exploring the sale of iShares after RBS and Lloyds boosted capital through an asset programme.
- HSBC to raise $17.7 bn, cut jobs as '08 profits fallHSBC PLC, said it will raise $17.7 billion in new capital thorugh a share issue and cut 6,100 jobs in US after reporting a 70 per cent drop...
- UK govt pressures banks to pass on rate cutsThe British government summoned banking chiefs Friday to pressure them to pass on recent hefty cuts in benchmark interest rates to hard-pre...
- British banks Lloyds and HBOS raising $28 billion in new capitalLloyds TSB Group PLC said it will try to raise $7.3 billion from investors in a share offering, while HBOS PLC is looking for $13.8 billion...
- Barclays close to selling government-backed bondsBarclays PLC, Britain's second largest bank, on Tuesday confirmed a report by Cazenove bank that it is close to selling at least 1 billion ...
- British banks to get cash infusion from governmentThe British government injected an unprecedented 37 billion pounds (US$63 billion) into some of the country's leading banks Monday to avoid...
- British home mortgage approvals hit 11-year-lowThe number of house mortgages approved by the major banks in the United Kingdom fell to an 11-year-low in March.
- ICICI may consolidate overseas armsIndia’s second largest bank - ICICI Bank - may consolidate its overseas operations under one company ICICI Bank UK, according to industry s...
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