News tagged with “lloyds banking group plc”. Found:
25 tagged news reports.
Your Search Returned 25 tagged news reports
Lloyds rights issue: what the analysts say
London :: United Kingdom | 8 days ago
Credibility
Analysts have advised that shareholders should take a cautious approach to the record-breaking £13.5bn rights issue launched by Lloyds Banking Group today. They are being offered 1.34 new Lloyds shares for each one they already own, at the discounted...
Tags: Lloyds Banking Group PLC, Lloyds Banking Group Plc, rights issue, Britain, 5bn rights, cash calling, United Kingdom, London, Lloyds Banking Group, Business Finance, HBOS, Lloyds Bank, United Kingdom bank rescue package, Trustee Savings Bank, HSBC, Stock, Victor Blank, Bank of Scotland, Nationalization, Discounting, Blue Monday Crash, Short, Economy of the United Kingdom, Dividend, Theoretical ex-rights price, Lloyds TSB, GMAC
Lloyds launches world's biggest rights issue
London :: United Kingdom | 9 days ago
Credibility Lloyds launches world's biggest ever rights issue • Lloyds Banking Group asks its shareholders for £13.5bn • 36.5 billion shares will be offered to investors at 37p each Lloyds shareholders are being asked to provide £13.5bn in fresh capital.
Tags: Lloyds Banking Group Plc, rights issues, Lloyds Raises, Lloyds Prices Rights Issue, lloyds banks, banks group, million pounds, billion pounds, United Kingdom, London, Business Finance, Severn Trent, River Severn, HBOS, Lloyds Banking Group, Stock, Lloyds Bank, FTSE 100 Index, HSBC, Blue Monday Crash, Victor Blank, Rights issue, Bank, Halifax, ACCORD, Lloyds TSB, Labor, Convertible bond, Bond, Politics, Accounting scandals
EU approves Lloyds plan to offload branches
Brussels :: Belgium | 14 days ago
Credibility Lloyds Banking Group to sell off parts of its business were formally given the green light by the European Commission yesterday. Earlier this month, Lloyds announced proposals to dispose of at least 600 branches – about a fifth of its UK network – to...
Tags: Lloyds Banking Group PLC, EU Clears Lloyds Restructuring, competition concerns, European Commission on Wednesday, Competition Commissioner, eu approved, restructuring plans, european competition, Belgium, Brussels, Lloyds Bank, Cheltenham & Gloucester, Neelie Kroes, HBOS, United Kingdom bank rescue package, Lloyds Banking Group, Lloyds TSB, Trustee Savings Bank, Business Finance, European Union, Politics, European Commissioner for Competition, Nationalization, Bank of Scotland, Halifax
Lloyds announces 5,000 job cuts
London :: United Kingdom | 22 days ago
Credibility As some of these cuts refer to temporary staff, the bank said the end result would be a permanent loss of 2,600 jobs in the UK.
Tags: Lloyds Banking Group Plc, Lloyds Banking Group PLC, banks group, Lloyds TSB, lloyds banks, job cut, temporary staff, net reduction
UK plans banking shakeup, to sell 100s of branches
London :: United Kingdom | about 1 month ago
Credibility A government official says that the Royal Bank of Scotland, Northern Rock, and Lloyds Banking Group are to sell off around 700 branches in the next five years or so. The official told The Associated Press that the Royal Bank of Scotland Group PLC, Lloyds...
Tags: Northern Rock, royal banking, Lloyds Banking Group PLC
Lloyds sells Halifax estate agencies for £1
London :: United Kingdom | about 1 month ago
Credibility Lloyds Banking Group has sold its Halifax estate agencies for £1 to the owner of the Your Move sales and lettings business, with the loss of up to 460 jobs...The operation is one of the last estate agencies owned by a banking group.
Tags: Lloyds Banking Group Plc, Lloyds Banking Group PLC, Lloyds Banking Accepts, Halifax Estate Agencies, banks group, lloyds banks, LSL Property Services PLC, Halifax Estate Agency, Virgin Mobile France, agency business
Lloyds leads FTSE fallers on £25bn fundraising reports
London :: United Kingdom | about 1 month ago
Credibility Miners may be booming but banks are letting the side down at the moment, following reports that Lloyds Banking Group plans to raise up to £25bn to avoid the government's asset protection scheme...The suggestion is that Lloyds is considering a £15bn rights...
Tags: Lloyds Banking Group PLC, Lloyds Mulling, rights issue, Financial Times, lloyd banks, banks group, billion pounds, U.K
Pound plumbs five-month euro low
London :: United Kingdom | 2 months ago
Credibility The Bank of England cautioned that foreign investors may not be as willing to purchase UK assets, thus hurting the pound's long-term exchange rate. The pound fell as low as 1.1016 euros, a five-month low, and fell to $1.6134 against the dollar. However,...
Tags: NZPA, Bank of New Zealand, nz dollar, zealand dollar, use cent, Bank of England, Regions Bank, Lloyds Banking Group PLC, United Kingdom, London
UK's Lloyds cuts 200 jobs
London :: United Kingdom | 3 months ago
Credibility Britain's Lloyds Banking Group, 43 per cent owned by the UK government, will cut 200 jobs in its general insurance division by the end of January in a shake-up of back office functions, the bank said on Tuesday. General Insurance, including sales, marketing,...
Lloyds sells its Insight fund manager
August :: CA :: USA | 3 months ago
Credibility Lloyds Banking Group is selling its Insight fund management business to Bank of New York Mellon for £235 million as part of a shake-up in its asset management operations. Before the deal, Lloyds, which is 43 per cent owned by the Government, will transfer...
Tags: Lloyds Banking Group PLC, york mellon, fund managed, managed businesses, assets managed, sell insight, insight fund, managed operations, billion pounds, investment managed
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