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London :: United Kingdom | 14 days ago

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The other directors also caught in a conflict of interest are the head of enforcement, Tracey McDermott, the head of supervision, Clive Adamson, and the chief operating officer, Lesley Titcomb. They worked for the FCA's predecessor, the Financial

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Royston :: United Kingdom | 20 days ago

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Dividends expected to charge forth Undoubtedly, Lloyds Banking Group is a very different institution to the bloated entity hollowed out by the 2008/2009 banking crisis. Indeed, the result of lower impairments, effective cost-cutting and surging

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Alexandria :: VA :: USA | 30 days ago

Credibility Credibility of 5

But with the bank bouncing back to profit and the first sale of TSB Banking Group shares having gone well, we really are expecting Lloyds to start flashing the cash again and we should hopefully be seeing the first pennies paid to shareholders this

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Auckland :: New Zealand | 1 month ago

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TSB Bank, the Taranaki community-owned bank, had its credit outlook raised to "stable" from "negative" by ratings agency Standard & Poor's because of its reduced exposure to risks in the residential property market. "The revision of the outlook from

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Auckland :: New Zealand | 1 month ago

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The Bank of New Zealand and Westpac have followed ASB's lead and raised most of their fixed mortgage rates. The Reserve Bank's official cash rate increase earlier this month was expected to prompt fixed-rate hikes, on top of the usual movement in

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London :: United Kingdom | 1 month ago

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An investment analyst at Watermark Funds Management, Omkar Joshi, said the TSB float was ''quite positive'' for NAB's hopes of offloading Clydesdale, as it showed solid investor demand for new retail banking stocks. However, investor demand for bank

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London :: United Kingdom | 1 month ago

Credibility Credibility of 5

High streets up and down the country are fair bursting with the blessed things...At 260p a share, the 630 branch bank is valued at £1.3bn, about 80 per cent of its net asset value. Lloyds was cautious with its valuation, which is still well above the

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London :: United Kingdom | 1 month ago

Credibility Credibility of 5

The Lloyds Banking Group said on Friday that it sold more shares in the initial public offering of its TSB Banking Group unit than originally anticipated due to high investor demand. The bank sold 35 percent of the outstanding shares in TSB and could

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London :: United Kingdom | 1 month ago

Credibility Credibility of 5

The 25% taxpayer-owned bank will sell a 35% stake in TSB, up from an originally planned 25% stake. Shares have been priced at 260p each, giving TSB a market value of £1.3bn. he stock market debut comes after Lloyds was ordered to sell 631 branches by

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New York City :: NY :: USA | 1 month ago

Credibility Credibility of 5

One of the most damming revelations about the way General Motors handled a fatal ignition switch linked to at least 13 deaths and 47 accidents was the way the company quietly made changes to the poorly engineered part back in 2006. It took two years

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