Lloyds Share News (LLOY)

Lloyds, Natixis and RBS sell Dubai World debt before $14.6 bln deal-sources

By Tom Arnold and David French DUBAI, March 19 (Reuters) - Lloyds Banking Group and Natixis have sold their exposures to Dubai World , the state-owned conglomerate nearing a $14.6 billion debt restructuring, according to sources familiar with the matter. Royal Bank of Scotland (RBS)

MOVES-Stelrox names former Lloyds Bank executive Garlick as CFO

March 19 (Reuters) - Stelrox Capital Management LLP appointed former Lloyds Banking Group Plc executive Richard Garlick as chief financial officer. Garlick was the head of banking book business control for eight years at Lloyds Bank until December. Prior to this, he was the head of pr

UPDATE 3-UK to raise $13 bln through Lloyds share sales in coming year

* Sale would take UK's Lloyds stake to about 7 percent * 13 bln pound sale of Northern Rock/Bradford&Bingley loans * To raise extra 900 mln pounds from bank levy * BBA says levy making banks move abroad * UKFI says options to sell shares in different ways (Adds comments

UPDATE: UK To Sell More Lloyds Shares And Assets Of Other Lenders

UK Government Plans Further GBP9 Billion Sale Of Lloyds Shares In 2015

UK to raise $13 billion through Lloyds share sales in next year

LONDON, March 18 (Reuters) - Britain will sell at least 9 billion pounds ($13 billion) worth of shares in Lloyds Banking Group in the coming year, finance minister George Osborne said in his annual budget statement. Osborne also said that the government is launching a sale of 13 billion pou

MEDIA-Banks and business secretary Vince Cable close to branch closure pact - Sky News

-- Source link: (http://bit.ly/1GnWvqL) -- Note: Reuters has not verified this story and does not vouch for its accuracy

Boards of Sabadell, TSB to approve takeover approach Thursday-source

MADRID, March 17 (Reuters) - The boards of Sabadell and TSB will meet on Thursday, with the Spanish bank set to formalise its takeover offer for its British peer, a source familiar with the matter said on Tuesday. "The Sabadell board meeting is expected to formally approve its offer along

Yankee issuers succumb to lure of dollar market

By Helene Durand and Natalie Harrison LONDON/NEW YORK, March 13 (IFR) - A wave of Yankee issuance crashed on to the shores of the US market this week as an attractive cross-currency basis swap and increased demand from investors for higher yielding debt lured foreign borrowers back to the m

Broker tips: Whitbread, Diageo, Lloyds, Asos

Shares in Premier Inn and Costa owner Whitbread received a boost on Friday from UBS which upgraded its rating on the stock from 'sell' to 'neutral'. The bank hiked its target price on the shares from 4,700p to 5,400p, but said: "The valuation is certainly not cheap." Spirits group Diageo was shot d

Friday tips round-up: TSB, Fenner

Lloyds was quick to show its approval of Spanish lender Banco Sabadell's bid for TSB and rightly so. The 360p a share offer which has been put on the table represents a small premium to the UK bank's book value. Indeed, the nearly one- third jump in the shares on the back of the announcement shows i

US high-grade supply to top US$50bn for week

By Natalie Harrison NEW YORK, March 12 (IFR) - The US high-grade market was firing on all cylinders Thursday with eight deals due to price for more than US$14bn total, which would make this the third-largest issuance week on record. Following the second-biggest week ever just last wee

UPDATE 2-UK watchdog wants to ease bank account switching

(Adds Payment Systems Regulator comment) By Huw Jones LONDON, March 12 (Reuters) - Allowing customers to take their bank account number with them would encourage more Britons to switch lenders, Britain's financial regulator said on Thursday. Such flexibility has long been a feat

UK banks' bill for mis-selling loans insurance hits 18 bln pounds

LONDON, March 12 (Reuters) - Britain's banks and other lenders have paid out 18 billion pounds ($27 billion) to compensate borrowers mis-sold payment protection insurance (PPI), after paying out 339 million pounds in December, the financial regulator said. The bill for December was an incre

MARKET COMMENT: UK Shares Close Higher, TSB Surges On Takeover Talks