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Lloyds Banking Group PLC

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  • Europe shares close to finish higher ahead of QE Friday, 27 Feb 2015 | 11:37 AM ET

    European equities seesawed before finishing higher on Friday, but looked to close out the trading month with gains of over 6 percent.

  • *Airbus surges after posting sharp rise in operating profits. PARIS, Feb 27- European shares dipped on Friday morning, pausing after their best start to the year since regional benchmarks began in late 1986, while Airbus rallied after posting a sharp rise in operating earnings. Shares in Airbus were up 6.1 percent, representing a gain in market value of 2.5...

  • Lloyds to pay first post-crisis dividend Friday, 27 Feb 2015 | 3:41 AM ET

    Lloyds Banking Group will pay a dividend of 0.75p per share to investors, after reporting a better-than-expected rise in profit.

  • LONDON, Feb 4- Thousands of bond, currency and commodities traders in London should have to pass an exam and obtain a new qualification to trade as part of attempts to raise standards, Britain's bank lobby group said on Wednesday. "This is a once in a generation chance to clean up financial markets-- we must seize it," BBA Chairman Anthony Browne said in the group's...

  • WILMSLOW, England, Feb 2-' The branch is the bank' sounds like a slogan from before digital technology was seen as the future of banking. But that mantra has enabled Sweden's Handelsbanken to expand in Britain at an unprecedented rate since the financial crisis of 2007 to 2009.. Handelsbanken has drawn upon the practices it adopted in its home market in the 1970 s...

  • Wanted: Asia-focused banker for StanChart's top spot Wednesday, 28 Jan 2015 | 5:34 AM ET

    HONG KONG, Jan 28- Standard Chartered Plc is seeking a leader with a tough-to-find mix of Asian experience and regulatory clout as it kicks off the search for a successor to CEO Peter Sands, investors, bankers and headhunters told Reuters. The list of potential candidates is wide and includes Piyush Gupta, CEO of Singapore- based DBS, outgoing Westpac CEO Gail Kelly,...

  • The keenest online bankers may surprise you Monday, 26 Jan 2015 | 7:18 AM ET

    Older people might be more technology savvy than you thought—at least when it comes to banking.

  • Lloyds Bank seeks key ringfencing rule exemption Tuesday, 6 Jan 2015 | 2:19 AM ET

    Lloyds Banking Group is seeking an exemption to one of the key measures of the UK's new ringfencing regime.

  • Co-op Bank fails stress tests: Lloyds dividend threat Tuesday, 16 Dec 2014 | 8:05 AM ET

    Co-operative Bank has failed a key test of how it would perform in a financial crisis by the Bank of England.

  • RBS admits to data error in European stress test Saturday, 22 Nov 2014 | 8:33 AM ET

    Royal Bank of Scotland admitted it submitted erroneous data for European bank stress tests in October and had in fact only just scraped through.

  • M&A banker? Here’s where you’ll get the top salary Thursday, 13 Nov 2014 | 9:23 AM ET

    Aspiring M&A bankers hoping to bank the bucks should angle for a job at Credit Suisse or Deutsche Bank, according to a salary benchmarking site.

  • Want a top salary? Head up a UK or German bank Tuesday, 11 Nov 2014 | 2:55 AM ET
    Anshu Jain, co-CEO of Deutsche Bank, was Europe's best-paid banking executive in 2013

    Germany is home to Europe’s best-paid bank CEO, according to a ranking that shows little correlation between executive pay and shareholder returns.

  • Bank of England sets out tougher leverage rules Friday, 31 Oct 2014 | 11:37 AM ET
    Businessmen pass red buses outside the Bank of England in London.

    British lenders may have to hold more capital to guard against risks of bad loans and other losses.

  • UK political risk: The next market storm? Thursday, 30 Oct 2014 | 6:18 AM ET
    Houses of Parliament in London, England.

    The U.K. is facing its most uncertain political future for decades – some argue centuries.

  • Europe closes firmly higher; Sanofi plummets Tuesday, 28 Oct 2014 | 1:09 PM ET

    European stocks ended the day firmly in positive territory on Tuesday, as investors prepared for a key monetary policy decision from the U.S.

  • Lloyds to cut 9,000 jobs as third-quarter profit rises Tuesday, 28 Oct 2014 | 4:13 AM ET

    Taxpayer-backed lender Lloyds has confirmed its plans to cut around 9,000 jobs as it reported its underlying profit rose to £2.1 billion.

  • Europe stress test rally fades after Ifo disappoints Monday, 27 Oct 2014 | 12:38 PM ET

    Europe's stock markets closed lower after a closely-watched German economic report came in weaker than expected.

  • Europe closes higher; earnings in focus Thursday, 23 Oct 2014 | 11:34 AM ET

    European shares enjoyed a late-stage rally after better-than-expected economic data and in spite of worries over lackluster earnings.

  • Lloyds bank to cut 9,000 jobs: Sources Thursday, 23 Oct 2014 | 1:24 AM ET

    Lloyds will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters.

  • Lloyds dismisses 8 staff after rates investigation Monday, 29 Sep 2014 | 6:53 AM ET

    Lloyds Banking Group said it had dismissed eight staff following an investigation into the submission of benchmark interest rates.