Lloyds Banking Group is expected on Friday to announce its first dividend payment since its near-collapse in 2008 in its full-year results statement. The bank is waiting for the Prudential Regulation Authority to approve the resumption of a dividend. Analysts forecast a 1p per share dividend increas
Read moreLONDON, Feb 26 (Reuters) - Lending to small businesses by banks in Britain taking part in the Bank of England's Funding for Lending Scheme (FLS) fell by 800 million pounds ($1.2 billion) in the fourth quarter, the BoE said on Thursday. The FLS was launched in mid-2012 to provide cheap money
Read more** Svenska Handelsbanken & Intesa Sanpaolo stand out for F&C Investments' head of European equities David Moss in sector far better capitalized now after regulatory pressure to bolster balance sheets post-Lehman ** Moss sees scope for Sweden's HB, which has expanded at great clip in Britai
Read more* Pretax profit up 2.3 percent to 133.7 million pounds * To consider acquisitions, no comment on Aldermore * Mortgage broker service gets 300 mln pounds of applications (Adds detail on possible acquisitions) By Aashika Jain and Matt Scuffham Feb 25 (Reuters) - Britain's
Read moreLONDON, Feb 25 (Reuters) - Mortgages approved by British banks rose in January for the first time since June, although they were still around a quarter below their level a year previously, the British Bankers' Association said on Wednesday. Mortgage approvals for house purchase rose to 36,3
Read moreFeb 25 (Reuters) - New British bank TSB Banking Group Plc said its full-year pretax profit rose 2.3 percent, as the number of new accounts increased. TSB, which became Britain's 7th biggest lender after it was hived off from Lloyds Banking Group last June, said it would consider inorganic
Read more** RBS and Lloyds may offer better news for UK bank results when cos report later this week after HSBC's poor showing ** RBS shares up 1.5 pct and poised to close at a 3-1/2 year high with analyst revisions creating a tailwind ** RBS expected to further scale back its investment bank
Read moreA plunge in the share price of HSBC, falling commodity stocks and a lack of news regarding Greece ensured that UK equity markets remained in the red on Monday, with investors cautious with shares near all-time highs. HSBC dropped nearly 5% after the global lender missed forecasts with a sharp drop i
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