Lloyds Share News (LLOY)

BoE policymaker says boards of banks must take more responsibility

LONDON, Nov 20 (Reuters) - Bank boards must have a collective understanding of how much capital the bank needs and the way staff are paid rather than delegate all key decisions to committees, a Bank of England policymaker said on Thursday. Board members were criticised for not fully graspin

Britons petition banks to make foreign exchange fees clear

By Patrick Graham LONDON, Nov 19 (Reuters) - More than 13,000 Britons signed an online petition within hours on Wednesday calling for regulators to force banks to tell consumers how much they make on everyday foreign currency transactions. The campaign - backed by money transfer compa

Thursday newspaper round-up: Federal Reserve, Lloyds, RBS...

Minutes from the Federal Reserve's October meeting showed that it was an "easy decision" by policymakers to end quantitative easing, writes the Financial Times. The paper says that minutes showed "little debate or dissent" over the move and underlines a more hawkish stance among the committee.

Hackers to probe cyber crime defences at British banks

* Bank of England pushing banks to confront cyber threats * Theft of JPMorgan client details put banks on red alert * Hackers to probe banks in live environment By Steve Slater and Matt Scuffham LONDON, Nov 19 (Reuters) - In the next few months hackers will try to penetrat

Lloyds to hand back pay to 10,000 employees who were refused a pay rise

Lloyds Banking Group is set to give hundreds of pounds each back to almost 10,000 current and former employees, who were refused a pay rise. The staff will receive the payments after a long-running dispute between the lender and the LTU union over contracts that staff were asked to sign after the re

MOVES- Deutsche Bank, JPMorgan, Pictet, Lloyds

(Adds Pemberton, Bessemer Trust, Pioneer Investments, Clarion Partners) Nov 17 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email moves@thomsonreuters.com. DEUTSCHE BANK AG The bank's asset & weal

MOVES- Deutsche Bank, JP Morgan, Pictet, LLoyds

(Adds LLoyds, Tullett Prebon, Pictet) Nov 17 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email moves@thomsonreuters.com. DEUTSCHE BANK AG The bank's asset & wealth management unit said it has hir

MOVES-Lloyds Bank names Miranda Zhao head of UK funds

Nov 17 (Reuters) - Lloyds Banking Group Plc's commercial banking unit named Miranda Zhao head of UK funds. Zhao joins from Erste Group Bank, where she was most recently head of the bank's international business and risk management division. She will be based in London. Prior to Erst

RPT-Forex transfer firms give pricey UK banks a run for their money

(Repeats story first published on Sunday) * Online money transfer firms undercut banks' high fees * Banks' selling point, security, undermined by scandals * Banks eye, sometimes buy, rivals; keep markups for now By Patrick Graham LONDON, Nov 16 (Reuters) - Working ou

Forex transfer firms give pricey UK banks a run for their money

* Online money transfer firms undercut banks' high fees * Banks' selling point, security, undermined by scandals * Banks eye, sometimes buy, rivals; keep markups for now By Patrick Graham LONDON, Nov 16 (Reuters) - Working out of a shared office near London's Euston statio

Sainsbury's Launches GBP400 Million Convertible Bond Offer (ALLISS)

New British financial watchdog to open bank payments to competition

By Huw Jones LONDON, Nov 13 (Reuters) - Britain's newest regulator set out on Thursday how it will wrest strategic direction of the 75 trillion pound ($118 trillion) payments sector from its big bank owners to spur competition. The payments system forms the vital plumbing that allowed

UK BROKER RATINGS: Barclays And UBS Cut Aberdeen Asset Management

UK MIDDAY BRIEFING: Serco To Take Two More Years To Turn Around

TOP NEWS: Prudential Sells Venture Stakes As Aviva Floats Turkish JV