Lloyds Share News (LLOY)

Sunday newspaper round-up: HSBC spinoff, Lloyds offer, Worldpay IPO

HSBC could spin off its £20bn UK high street banking interests, the Sunday Times said, reviving the old Midland Bank brand which the group bought in 1992. Having on Friday mentioned it was looking at moving its headquarters overseas, a flotation of its British bank could speed its corporate exit fro

UPDATE 2-UK judge paves way for judicial review of swaps redress

* Judge grants application for judicial review of process * Decision could lead to overhaul of compensation scheme * Banks have so far paid out $2.7 billion compensation * Scheme has been criticised by MPs, campaigners (Adds details, comment from judge, lawyer) By Matt S

Earnings, Trading Statements Calendar - Week Ahead

Britain cuts stake in Lloyds Banking Group

Britain has cut its stake in Lloyds Banking Group by another 1% to 20.95%, as the government edges closer towards turning the bank fully private. The UK government owned 41% of the lender after a £20bn bailout during the financial crisis. The government, which has since halved its stake, plans to s

"Smaller and simpler" mantra rings through banking boardrooms

By Steve Slater LONDON, April 24 (Reuters) - Deutsche Bank's expected move to sell much of its retail banking business will see it join a growing list of banks choosing to shrink and simplify to survive. The benefits of size and reach, for years considered the holy grail of global ban

TOP NEWS: HSBC To Consider Moving Global Headquarters Out Of UK

London open: Analysts sanguine on Greece, oil forecasts revised higher

Stocks have begun the morning moving modestly higher on residual optimism over the Greek debt negotiations and on the coat-tails of overnight gains on Wall Street, which saw the Nasdaq Composite close above its previous early 2000 record highs. "Greece is cash-strapped, and the situation is worsenin

LONDON MORNING BRIEFING: BAE Systems Receives Approaches For US Unit

UPDATE 1-British government stake in Lloyds Banking Group falls below 21 pct

(Adds background) LONDON, April 24 (Reuters) - The size of the stake owned by British taxpayers in Lloyds Banking Group has fallen by a further 1 percent to below 21 percent, the government agency in charge of managing the interest said on Friday. UK Financial Investments (UKFI) said

UK Government Reduces Stake In Lloyds Banking Group To 20.95% (ALLISS)

British government stake in Lloyds Banking Group falls below 21 pct

LONDON, April 24 (Reuters) - The size of the stake owned by British taxpayers in Lloyds Banking Group has fallen by a further 1 percent to below 21 percent, the government agency in charge of managing the interest said on Friday. UK Financial Investments said the public shareholding of HM T

Broker tips: Lloyds, Vodafone, Pace

Deutsche Bank has named Lloyds as its "top pick" in the UK banking sector ahead of the first-quarter reporting season, saying that operating conditions across the sector have been good over the start of 2015. "Lloyds is our top pick, Barclays offers material valuation upside, Standard Chartered is a

The fund that never meets with company CEOs

* London-based Ardevora shuns corporate access * Argues meeting CEOs can skew investor judgment * UK FCA curbing methods of arranging company visits By Lionel Laurent LONDON, April 23 (Reuters) - At a time when regulators are cracking down on the way fund managers pay for

More Britons move banks as switching service speeds up process

* Increase of 7 pct in customers switching in past year * Halifax, Santander biggest net gainers LONDON, April 23 (Reuters) - Rules making it easier for Britons to switch banks resulted in a 7 percent increase in the number of customers moving accounts in the last 12 months, the Payme

Market overview: Boston Fed president takes prudent approach

1333: Market commentary has picked up on cautious remarks from the Boston Fed´s Rosengren regarding the possibility that interest rate hikes could be postponed - not the most likely scenario in his opinion. 1253: Analyst at Jefferies have lowered their view on shares of Hargreaves Lansdown to hold f