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Lloyds Banking Group Share News (LLOY)
Share News for Lloyds Banking Group (LLOY)
| Share Price: 62.84 | Bid: 62.69 | Ask: 62.70 | Change: 0.00 (0.00%) |  | ||||||
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HIGHLIGHTS-UK govt announces sweeping bank reforms
Thu, 14th Jun 2012 13:13
LONDON, June 14 (Reuters) - British Treasury minister Mark Hoban on Thursday outlined the gove
Following are highlights of Hoban's statement to parliament.
'The government will ringfence retail deposits from the risks posed by intetnational wholesale and investment banking. A ringfenced bank will be...legally separate from the rest of the group and run by an independent board.'
'We make sure that British banks will be resilient, stable and competitive and so attractive to investors at home and abroad. The euro zone crisis makes reform more, not less, important.'
'This government will continue to press for full Basel III implementation in Europe.'
(UK Bureau) Keywords: BRITAIN BANKS/HOBAN
(fiona.shaikh@thomsonreuters.com)(+44 207 542 2774)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, June 14 (Reuters) - British Treasury minister Mark Hoban on Thursday outlined the gove
rnment's plans for a far-reaching reform of the banking system, which were largely in line with recommendations made by the Independent Commission on Banking last year.
Following are highlights of Hoban's statement to parliament.
'The government will ringfence retail deposits from the risks posed by intetnational wholesale and investment banking. A ringfenced bank will be...legally separate from the rest of the group and run by an independent board.'
'We make sure that British banks will be resilient, stable and competitive and so attractive to investors at home and abroad. The euro zone crisis makes reform more, not less, important.'
'This government will continue to press for full Basel III implementation in Europe.'
(UK Bureau) Keywords: BRITAIN BANKS/HOBAN
(fiona.shaikh@thomsonreuters.com)(+44 207 542 2774)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
COMMENT: How many banks does it take to sell a CoCo?
By Aimee DonnellanLONDON, May 17 (IFR) - Why would a Swiss bank selling what appears to be a vanilla Tier 2 CoCo bond need 13 lead managers? Distribut[Fri 13:48]
UPDATE 2-Shares in UK's Lloyds hit government break-even price
* Shares reach 63.3 pence, above 61.2 pence break-even level* UK has not set timetable for share sale* CEO says bank will return to profit this year*[Fri 12:30]
Shares in UK's Lloyds hit government breakeven price
LONDON, May 17 (Reuters) - Shares in state-backed Lloyds Banking Group on Friday hit the level which the government regards as breakeven on its 20.5 b[Fri 07:28]
UK's worst property loans rise to near quarter of total-study
By Tom BillLONDON, May 17 (Reuters) - Almost a quarter of commercial property loans in Britain are higher in value than the underlying real estate, a[Thu 23:01]
UPDATE 2-Prospects improve for UK sale of Lloyds bank stake
* Bank will return to profitability this year - CEO* Bank to pay dividends as soon as possible - Chairman* Shares closing on break-even level for gove[Thu 14:41]
Lloyds says 96 percent of shareholders back pay plan
LONDON, May 16 (Reuters) - State-backed Lloyds Banking Group said on Thursday that 95.91 percent of shareholders at its annual general meeting approve[Thu 13:15]
UK court extends jail term for property fraudster Kallakis
LONDON, May 16 (Reuters) - Confidence trickster Achilleas Kallakis, who received a seven-year jail sentence in January, will spend a further four year[Thu 11:49]
LLoyds confident of capital position
EDINBURGH, May 16 (Reuters) - For more see[Thu 10:51]
