MEDIA-Lloyds Banking Group seeks key ringfencing rule exemption - FT
-- Source link: (http://on.ft.com/1BBgD6a) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more-- Source link: (http://on.ft.com/1BBgD6a) -- Note: Reuters has not verified this story and does not vouch for its accuracy
Read more* New rules to be implemented from start of 2019 * Changes expected to cost up to $6.7 billion a year * Six biggest banks plus TSB and Virgin Money to submit plans By Matt Scuffham LONDON, Jan 5 (Reuters) - Britain's biggest lenders have only a day before the deadline pass
Read moreSainsbury was trading lower as hedge funds forecast that the supermarket group would be damaged by the grocery industry's escalating price war. Lansdowne Partners, Odey Asset Management and Marshall Wace all blamed the growing popularity of discounters Aldi and Lidl, who would hit profitability by f
Read more(Repeats DEC 30 story, no change to text) * Goldman tops London banker pay league based on 2013 data * Data show 3.4 bln stg paid out to 2,600 top bankers at 13 banks * Goldman, Bank of America paid most in bonuses vs fixed pay By Steve Slater LONDON, Dec 30 (Reuters) - Goldm
Read more* Goldman tops London banker pay league based on 2013 data * Data show 3.4 bln stg paid out to 2,600 top bankers at 13 banks * Goldman, Bank of America paid most in bonuses vs fixed pay By Steve Slater LONDON, Dec 30 (Reuters) - Goldman Sachs paid its top 121 London bankers about
Read moreTesco is testing a discount format in its One Stop chain, indicating the group could be considering new ways to combat Aldi and Lidl, the Sunday Times said. Three One Stop branches have been trading as discounters with low prices and limited ranges for the past seven weeks. The trial is the idea of
Read moreLONDON, Dec 28 (Reuters) - Ferrari and McLaren stand to lose millions as a result of the collapse of the Marussia Formula One team, the Sunday Telegraph newspaper reported. It said documents from administrators FRP Advisory dated Dec. 18 showed that Ferrari, Formula One's oldest and most su
Read more* Firms urged to sign up to voluntary resilience test * Tendency to deem issue not worth of board attention -FPC * FPC calls for stronger governance, management (Recasts, adds background) By Matt Scuffham and William Schomberg LONDON, Dec 22 (Reuters) - Top British banke
Read more* Metro Bank broke mould by using software supplier * Technology has been a barrier for new banks * Big five lenders still dominate UK landscape By Matt Scuffham and Steve Slater LONDON, Dec 21 (Reuters) - When Metro Bank prepared to launch in 2010 as the first new bank to
Read more* Metro Bank broke mould by using software supplier * Technology has been a barrier for new banks * Big five lenders still dominate UK landscape By Matt Scuffham and Steve Slater LONDON, Dec 21 (Reuters) - When Metro Bank prepared to launch in 2010 as the first new bank to
Read more* New plan enables gradual sale of shares to market * UK says step towards taxpayers getting money back * Shares will not be sold below government buy-in price * UK could sell shares worth around 3 bln stg -sources * Morgan Stanley will manage sale process (Adds further
Read more* 10 out of 12 analysts forecast dividend resumption * Bank hopes to pay first dividend in 6-and-a-half years * Decision expected alongside Lloyds' full-year results * Analysts on average forecast payout of 1.24 pence per share (Repeats to fix formatting. No change to text)
Read moreLONDON, Dec 17 (Reuters) - Britain will sell more shares in Lloyds Banking Group in the next six months, the body which manages its shareholding in bailed out banks said on Wednesday. UK Financial Investments (UKFI), said it would sell the shares through a pre-arranged trading plan that wil
Read moreLONDON, Dec 17 (Reuters) - Lloyds Banking Group is expected to be granted permission by the financial regulator to pay a dividend for 2014, its first since it was bailed out by British taxpayers, according to 10 out of 12 analysts polled by Reuters. The majority of analysts believe that Llo
Read moreLondon shares bounced back on Tuesday in the wake of some long-awaited upbeat economic data in the Eurozone and positive news for UK banks. The FTSE 100 Index climbed 149.11 points to 6331.83 as Markit's purchasing managers' index (PMI) for euro-area manufacturing rose to 50.8 in December from 50.1
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