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Share Views Episode 13 - Ferrum Crescent Exec-Chairman Justin Tooth talks on his re-structuring strategy and exciting new projects

Lloyds Share Chat (LLOY)

Share Price: 55.14Bid: 55.14Ask: 55.16Change: 0.00 (0.00%)No Movement on Lloyds Grp.
Spread: 0.02Spread as %: 0.04%Open: 55.22High: 55.67Low: 55.03Yesterday’s Close: 55.14

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Posts: 399
Off Topic
Opinion:No Opinion
RE: 14 million quid
Fri 10:11
You seem very sure about these Q3 results in 4 days time mate. I hope you're right :-)

in the meantime, let's hope Paris, or anyone don't inherit the city from London. I suspect that would be a disaster for Brexit.
Posts: 2,364
Off Topic
Opinion:No Opinion
Fri 09:51
that's right banks were hard hit as punters dumped/shorted them as result of project fear and its dire predictions on the UK economy in the event of A Brexit outcome by amounts others Mark Carney. He said that there would be a run on the pound as the economy would go into free fall, house prices, would crater and unemployment would soar as investment would inevitably dry up. Well, so far he has "proactively lowered rates to ensure the economy would continue to grow" Frankly the BOE don't have much of an idea what they are doing but I would not be surprised if we are not going to see another cut in rates as it does not appear to be needed. It remains to be seen whether Yellen has the conviction to push the button in December as the US economy is not that robust just yet. The best the BOE can now do is keep quiet and out of the way while the Government gets on with running the country and PH puts together a growth budget next month. Needless our banks will not crow about conditions less Carney and his chums find another way to screw some dosh out of them, after the Uk's economic miracle recovery owes something to the £250bn or so injected into the "cash" economy. PH will have to be brave unlike his lugubrious predecessor Lets see what happen once today's option expiration passes in 20 minutes
Posts: 63
Off Topic
Opinion:No Opinion
RE: 26th
Fri 09:32
Already priced in. Expect a rise in sp.
Posts: 170
Off Topic
Opinion:No Opinion
RE: mick-b
Fri 09:17
Bank share prices seemed to drop with interest rate changes and the pound alongside Brexit news and comments.
Maybe there is also a feeling the drop was a bit overdone just now as nothing has really happened yet, and there is also some less extreme tallk about Brexit and interest rates. The American results might be the reminder they have been making good profits as well.
Posts: 4,124
Off Topic
Opinion:No Opinion
RE: Another ppi?
Fri 09:05
From memory
You could only close an account to dormant balances if the amount was under £10
This could only be done if no transactions for something like 6/7 years and sfter trying to make contact with the customer and checking various records It also required managerial sanction
While I was typing this Lloyds have made a quick £30000 not bad eh
Posts: 170
Off Topic
Opinion:No Opinion
RE: Another ppi?
Fri 09:03
Most if not all earler accounts must have been moved onto computers mustn't they? If this is another PPI it would have surfaced by now after all these years.
Posts: 79
Off Topic
Opinion:No Opinion
Another ppi?
Fri 08:50
I know a 90 yr old man who has several old saving accounts, opened in the 1930,s where all dealing were hand written into a pass book, he recently took these into his local bank to claim his money and was told the accounts had been closed by him many years ago, however I believe computer records only go back to the 1980,s or so and no computer records exist, the pass books and not been signed off by the bank as being closed and so he is claiming his money plus 70 odd years interest, the bank have said no way,
the ombudsman cannot decide so have passed this on , to who I do not know!
Potentially a interesting case as there could be thousands of such accounts which even if closed there is no record showing such,
I know we have several bank managers on this board and wondered if you had dealt with any cases like this?
Posts: 296
Opinion:Strong Buy
Fri 08:43
I suppose this is just a broad indicator it does not show the quality (in terms of profit for the bank) of the switchers - Barclays though seems particularly large.
Posts: 382
Opinion:Weak Buy
Fri 08:37
Beware the update. Increased provisions for PPI will lower the price of the share.
Posts: 123
Off Topic
Opinion:No Opinion
RE: Bad jokes
Fri 08:34
I guess the bar tender was blind and over 80

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