Lloyds Share News (LLOY)

UK Earnings, Trading Statements Calendar - Week Ahead

UPDATE 2-Britain closer to sale of RBS shares

* Says time frame for RBS privatisation has accelerated * Says more interest in RBS from investors this year * Says will consider sale of RBS shares to retail investors * Says needs more clarity on future litigation before sale (Adds further comments from UKFI) By Matt S

London midday: ECB stimulus hopes lift stocks, but earnings reports mixed

Decent gains in the financial, energy and retail sectors helped the FTSE 100 rise strongly on Tuesday, despite some mixed blue-chip earnings and economic data from China. Also helping sentiment were reports that the European Central Bank is considering buying corporate bonds on the secondary market.

UKFI says closer to selling RBS shares, institutions interested

LONDON, Oct 21 (Reuters) - The body that manages Britain's bank stakes said it is closer to selling shares in Royal Bank of Scotland and has seen growing appetite from financial institutions interested in buying the shares. Oliver Holborn, head of capital markets at UK Financial Investments

UKFI says RBS bonus plan over-ruled to avoid major controversy

LONDON, Oct 21 (Reuters) - Britain over-ruled plans by Royal Bank of Scotland to pay some staff bonuses worth twice their basic pay to avoid a major public controversy, the head of the body that owns the government's stake in bailed-out banks said. James Leigh-Pemberton, chairman of UK Fina

Lloyds says UK needs to build extra 60,000 homes a year

LONDON, Oct 21 (Reuters) - Lloyds Banking Group said at least 60,000 new homes need to be built in Britain every year above the current level of supply to ease the country's housing shortage. Lloyds, Britain's biggest retail bank and home lender, said on Tuesday it will set up a 50 million

Tuesday broker round-up UPDATE

African Barrick Gold: JP Morgan cuts target price from 340p to 300p and stays with its overweight rating. Anglo American: JP Morgan raises target price from 1240p to 1310p, while leaving its underweight rating unchanged. Investec increases target price from 1573p to 1603p and stays with its buy reco

UK BROKER RATINGS: Miner, Metal Company Price Targets Cut

Banks are starting to look like utilities, Brewin Dolphin says

Britain's banks are becoming more like utilities as they focus on traditional retail banking rather than "casino" investment banking after the financial crisis, according to broker Brewin Dolphin. The banks are increasingly adopting characteristics common among defensive stocks like utilities, such

UPDATE 1-BoE's Cunliffe says banks may have to cut pay

(Adds more detail from speech) By Huw Jones LONDON, Oct 20 (Reuters) - Banks may have to cut pay because they are unlikely to see again the high rate of returns they enjoyed before the financial crisis, Bank of England Deputy Governor Jon Cunliffe said on Monday. Returns on equi

BoE's Cunliffe says banks may have to cut pay

LONDON, Oct 20 (Reuters) - Banks may have to cut pay because they are unlikely to see again the high rate of returns they enjoyed before the financial crisis, Bank of England Deputy Governor Jon Cunliffe said on Monday. Banks saw returns on equity (RoE) of 20 percent or more in before the 2

Prudential Lends Weight To GBP1 Billion Tidal Project

Keep calm over bank accountability rules - BoE's Bailey

By Huw Jones LONDON, Oct 16 (Reuters) - Britain's banks are over-reacting to rules aimed at making senior officials accountable for breaches in rules or procedures which happen on their watch, a top regulator said on Thursday. Bank of England (BoE) Deputy Governor Andrew Bailey defend

TSB chair calls for full-blown competition inquiry into UK banks

LONDON, Oct 16 (Reuters) - TSB Banking Group's Chairman Will Samuel said the bank wants Britain's competition watchdog to launch a full blown investigation of the sector. Britain's new Competition and Markets Authority is consulting on whether to launch investigations into the personal cur

HIGHLIGHTS-Comments from British Bankers' Association conference

(Adds quotes) LONDON, Oct 16 (Reuters) - The British Bankers' Association (BBA), the lobby group for more than 240 UK and overseas firms, held its annual conference on Thursday, attended by politicians, regulators and bank executives and other staff. Here are selected comments from th