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  • Lloyds, Britain's largest mortgage lender, reported underlying pre-tax profit of 2.1 billion pounds in the first quarter of this year, compared with a profit of 2.19 billion pounds a year earlier. Britain's largest retail bank said total income fell 1 percent to 4.4 billion pounds, as higher revenue from its retail bank were offset by lower income in its...

  • UK Lender reports underlying pre-tax profit of $3.05 billion in the first quarter of this year.

  • LONDON, April 28- Lloyds Banking Group reported underlying profits in line with expectations on Thursday, keeping first quarter revenues steady and cutting bad debts despite the challenging economic environment. Lloyds, Britain's largest mortgage lender, reported underlying pre-tax profit of 2.1 billion pounds in the first quarter of this year, compared...

  • BRIEF-LLOYDS PAYS 790 MILLION STG TO BUY BACK BONDS@. April 28- Lloyds Banking Group Plc. *Banks takes £790 million charge to buy back bonds.

  • The Deutsche Bank AG logo sits on the bank's headquarters, right, as they stand with other financial center skyscrapers during sunset in Frankfurt, Germany

    Co-chief executive John Cryan said the results reflected wider challenging conditions in the first quarter.

  • UBS's expansion into greater China

    There's one new billionaire in China created every week, says Amy Lo, greater China head of wealth management at UBS.

  • SYDNEY, April 28- Apple Inc expanded its Apple Pay digital wallet in Australia on Thursday after ANZ became the country's first bank to support the mobile payment service, executives at the pair told Reuters. Apple charges card providers for transactions via the service, which it introduced to Australia last year with American Express Co..

  • *BOJ cuts price f'casts in quarterly review. *Gov Kuroda expected to hold briefing 0630 GMT. TOKYO, April 28- The Bank of Japan held off on expanding monetary stimulus on Thursday, defying market expectations for action even as soft global demand, an unwelcome yen rise and weak consumption threatened to derail a fragile economic recovery.

  • SWIFT'S disclosure came as law enforcement authorities in Bangladesh and elsewhere investigated the February cyber theft of $81 million from the Bangladesh central bank account at the New York Federal Reserve Bank. Philippine lawmakers and investigators are looking into how $81 million hacked from the New York Fed account of Bangladesh's central bank...

  • MELBOURNE, April 28- London copper rose on Thursday, bouncing off the lowest in more than a week hit in the previous session, as the metal tracked oil higher after the Federal Reserve indicated it was in no rush to raise rates due to a soft patch in the U.S. economy. *Three-month copper on the London Metal Exchange rose by 0.4 percent to $4,923 tonne by 0100 GMT, after...

  • SINGAPORE, April 28- Gold eased on Thursday, after the Federal Reserve kept the door open for an interest rate hike in June, although it indicated it was in no hurry to take such a step. *Spot gold had eased 0.1 percent to $1,244.50 an ounce by 0043 GMT. *Gold rose as far as $1,250.09 on Wednesday, but pared gains after the Fed statement.

  • SYDNEY, April 28- The yen remained subdued ahead of a policy decision by the Bank of Japan on Thursday, while the dollar nursed modest losses after the Federal Reserve stuck to its script of a gradual hike in interest rates. The dollar index slid to a near one-week low of 94.148 before drifting back to 94.387, ending the New York session with a small decline of 0.2...

  • THURSDAY, APRIL 28 MAKATI CITY, Philippines- Central Bank of Philippines Governor Amando Tetangco to attend a financial inclusion summit- 0100 GMT. PARIS- Czech National Bank board member Kamil Janacek to attend a Economic and Development Review committee meeting. PRAGUE- Czech Banking Association holds a press conference to update macroeconomic forecast-...

  • WASHINGTON, April 27- Rising oil prices and a more stable Chinese economy allowed the Federal Reserve to shift its focus back to the home front on Wednesday, as it signaled that U.S. jobs and inflation data would determine whether it hiked interest rates in June. That is something Fed Chair Janet Yellen and other policymakers have been trying to do for months.

  • WELLINGTON, April 28- New Zealand's central bank kept its benchmark interest rate unchanged on Thursday at 2.25 percent but reiterated further easing may be needed given weak inflation. The New Zealand dollar climbed as far as $0.6935 from around $0.6850 in reaction to the policy decision. Wheeler underscored that the exchange rate remains higher "than...

  • *US stocks edge up after Fed statement. NEW YORK, April 27- Wall Street stocks edged up, U.S Treasury debt yields fell, and oil prices rose to the highest level of the year on Wednesday after the Federal Reserve signalled it was in no hurry to change policy. "The big takeaway here is they continued to be positive on the domestic economy," said John Bailer, senior portfolio...

  • *U.S. central bank says labor market improving. *Statement removes reference to global economic risks. WASHINGTON, April 27- The Federal Reserve left interest rates unchanged on Wednesday, but kept the door open to a hike in June while showing little sign it was in a hurry to tighten monetary policy amid an apparent slowdown in the U.S. economy.

  • WELLINGTON, April 28- New Zealand's central bank kept its benchmark interest rate unchanged on Thursday at 2.25 percent but reiterated further easing may be needed given weak inflation. Further policy easing may be required to ensure that future average inflation settles near the middle of the target range, "said Governor Graeme Wheeler in a statement.

  • *Policy decision expected 0330-0530 GMT. *Gov Kuroda expected to hold briefing 0630 GMT. TOKYO, April 28- Bank of Japan Governor Haruhiko Kuroda's credibility will be put to the test on Thursday as his board debates whether a strong yen, overseas headwinds, and soft consumption are hurting the economy enough to warrant deploying additional stimulus.

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