News Source: Channel NewsAsia
| 3 months ago
Lloyds Banking Group's share price dropped here on Monday after reports said the state-controlled British lender planned raising 15 billion pounds (17.6 billion euros, 25 billion US dollars)...Newspapers said LBG wanted to raise the amount by issuing...
News Source: The Scotsman
| 3 months ago
Lloyds Banking Group may opt to raise billions in a rights issue rather than rely on an expensive government-backed insurance scheme. The bank was yesterday said to be considering a rights issue â estimated by analysts to be between £10...
News Source: Guardian Unlimited
| 3 months ago
Bad debts at Britain's biggest banks have topped £85bn in the two years since the onset of the credit crunch . An analysis of the bad debts reported by leading UK banks since the start of the credit crunch – officially two years ago yesterday –...
News Source: The Economic Times
| 3 months ago
Lloyds Banking Group may consider a multi-billion pound share issue as part of a partial withdrawal from the government's asset protection scheme according to a report in the Sunday Times. Chief executive Eric Daniels is reported to think that the...
News Source: Androscoggin News
| 3 months ago
Part-nationalised Lloyds Banking Group may raise billions of pounds from shareholders to reduce its reliance on the taxpayer, it has been reported...The group agreed to put £260 billion worth of loans into the Asset Protection Scheme (APS) in...
News Source: BBC
| 3 months ago
At the end of a week of information overload from Britain's big banks, what have we learned? You know it is an unusual week when a press office calls to say that a figure you are using is not as bad as it should be. That was just what happened with...