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Lloyds Banking Group PLC

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  • *Citigroup, Deutsche Bank, HSBC, JPMorgan Chase top list. *G20 finance ministers meet in Mexico this weekend. Nov 1- Citigroup Inc, Deutsche Bank, HSBC and JPMorgan Chase& Co will need to hold the most extra capital of 28 banks considered so large and complex they need an extra buffer to absorb potential losses, global regulators said on Thursday.

  • *Citigroup, Deutsche Bank, HSBC, JPMorgan Chase top list. *G20 finance ministers meet in Mexico this weekend. Nov 1- Global regulators on Thursday said Citigroup Inc, Deutsche Bank, HSBC and JPMorgan Chase& Co will need to hold the most extra capital of 28 banks considered so large and complex they need an extra buffer to absorb potential losses.

  • European shares spurred on by earnings and macro data Thursday, 1 Nov 2012 | 4:34 PM ET

    LONDON, Nov 1- Investors set aside growth worries as European shares clawed back the previous session's losses on Thursday, buoyed by earnings from European companies and better macro economic data in China and the United States.

  • BUSINESS-NEWS-SCHEDULE AT 1430 GMT / 1030 AM ET Thursday, 1 Nov 2012 | 2:58 PM ET

    Exxon Mobil, the world's largest publicly traded oil company, reports a lower profit that topped expectations, as higher results from its refining arm counters a 7.5 decline in oil and gas output. (EXXON-EARNINGS/ moved, by Anna Driver, 320 words).

  • BUSINESS-NEWS-SCHEDULE AT 0930 GMT / 05.30 AM ET Thursday, 1 Nov 2012 | 9:54 AM ET

    BEIJING/ LONDON- Big Asian economies are slowly picking up after a year spent battling against global headwinds, according to business surveys and data released that showed renewed vim from China's factory sector and a rebound in South Korean exports (GLOBAL-ECONOMY/PMIS,, moved, by Lucy Hornby and Se Young Lee, 950 words).

  • UK fines Bank of Scotland for faulty mortgage data Friday, 19 Oct 2012 | 6:28 AM ET

    LONDON-- Britain's financial regulator has imposed a fine of 4.2 million pounds on a unit of Lloyds Banking Group for having inaccurate mortgage records for 250,000 customers.

  • Barclays hikes provision for mis-selling insurance Thursday, 18 Oct 2012 | 10:23 AM ET

    LONDON-- Barclays PLC has set aside another 700 million pounds to compensate customers who bought payment protection insurance which they didn't need. The unscheduled announcement came ahead of the bank's third-quarter earnings report due on Oct. 31.

  • UK regulator to have last word in retail bank reform Friday, 12 Oct 2012 | 10:52 AM ET

    LONDON, Oct 12- Britain's main financial regulator will decide what activities the country's retail banks are able to carry out under a new reform aimed at shielding taxpayers from having to bail out the industry again.

  • Morgan Stanley sees Barclays and HSBC as set for encouraging results from the third quarter, rating both "overweight", while it gives Lloyds an "underweight" rating based on a more cautious outlook. However, Morgan Stanley is more cautious heading into Lloyds' results.

  • BoE's Tucker confident lending scheme will help UK Friday, 12 Oct 2012 | 3:24 AM ET

    TOKYO, Oct 12- Bank of England Deputy Governor Paul Tucker said on Friday that he was confident the central bank's new scheme to boost bank lending would help lower interest rates faced by businesses and households.

  • UPDATE 2-Regulator eases UK bank rules to support lending Wednesday, 10 Oct 2012 | 11:16 AM ET

    *FPC member Jenkins says banks may need more capital* Industry says mixed messages on capital add to uncertainty* Lloyds shares up 4.5 pct, UK bank shares rise.

  • Commodities drag FTSE lower on growth worries Wednesday, 10 Oct 2012 | 7:23 AM ET

    *FTSE 100 down 0.4 percent. *US metals firm Alcoa starts earnings on downbeat note. *Smith& Nephew falls on earnings worries.

  • UPDATE 1-Regulator eases UK bank rules to support lending Wednesday, 10 Oct 2012 | 4:54 AM ET

    LONDON, Oct 10- Britain's financial regulator has relaxed capital and liquidity rules on banks in an effort to stimulate lending and boost the economy, lifting bank shares. The Financial Services Authority said on Wednesday the shift in policy was set out in the Bank of England's Financial Policy Committee in September, and banks were aware of the changes.

  • Britain's FTSE weak on global growth concerns Wednesday, 10 Oct 2012 | 4:32 AM ET

    *FTSE 100 down 0.2 percent, yo-yoing around 5,800. LONDON, Oct 10- Britain's top shares edged lower on Wednesday, tracking falls on Wall Street and in Asia on concerns over the global growth outlook, although gains in heavyweight miners and banks provided a floor under the FTSE 100 index around the 5,800 level. At 0805 GMT, the FTSE 100.

  • FSA Eases Bank Rules to Boost Lending Wednesday, 10 Oct 2012 | 1:47 AM ET
    ATM Machine

    Capital and liquidity rules for the biggest UK banks have been quietly relaxed in an effort to stimulate lending, a move that puts Britain at the forefront of a global experiment to use bank regulation to moderate the economic cycle.

  • FTSE toils as BAE Systems merger fails Wednesday, 10 Oct 2012 | 12:24 AM ET

    *FTSE 100 down 0.6 percent. LONDON, Oct 10- Global growth worries prodded Britain's top share index lower on Wednesday as a failed merger with a French peer hurt shares in defence and aviation firm BAE Systems.

  • PRESS DIGEST - Sunday British business - Oct 7 Sunday, 7 Oct 2012 | 8:15 AM ET

    Sunday Times GERMAN THREAT TO BLOCK BAE DEAL Germany has threatened to scupper the 28 billion pound merger of BAE Systems and EADS unless the headquarters of the combined company is located in Munich.

  • Lloyds in dividend dispute with regulator - paper Sunday, 7 Oct 2012 | 7:52 AM ET

    LONDON, Oct 7- Part state-owned Lloyds Banking Group is embroiled in a dispute with Britain's financial watchdog over its plans to return cash to shareholders, the Sunday Times reported.

  • UK house prices fall unexpectedly in Sept - Halifax Thursday, 4 Oct 2012 | 3:13 AM ET

    LONDON, Oct 4- British house prices fell unexpectedly in September, figures from mortgage lender Halifax showed on Thursday, as the weak economy weighed on demand. "The generally weak economic climate remains a significant constraint on housing demand," Halifax economist Martin Ellis said.

  • UK FSA's Bailey says banks still "too big to fail" Thursday, 4 Oct 2012 | 12:30 AM ET

    LONDON, Oct 4- The failure of one Britain's big banks would still wreak market havoc and leave taxpayers on the hook as more needs to be done to curb their complexity and risks, the country's top banking supervisor said on Thursday.