- Initial losses largely reversed - RBS leaps after surprise H1 profit - Eyes on UK Q2 GDP techMARK 2,814.40 -0.27% FTSE 100 6,815.84 -0.08% FTSE 250 15,757.37 +0.06% The FTSE opened in the red but losses were largely reversed following a surprise first-half profit from Royal Bank of Scotland, wh
Read moreRoyal Mail has hinted at legal action unless regulator Ofcom stops rival TNT Post UK "cherry-picking" its most lucrative mail delivery services. At the first annual shareholders' meeting in Royal Mail's 500-year history, a union official urged it to consider seeking a judicial review of the issue an
Read moreLloyds Banking Group on Friday confirmed that it is in late-stage settlement discussions with a number of government agencies related to interbank rate setting procedures. It said the settlements had yet to be agreed, but it anticipates they will include penalty payments. NR
Read moreLONDON, July 25 (Reuters) - Britain's Lloyds Banking Group confirmed on Friday that it was close to agreeing a settlement over allegations of manipulating benchmark interest rates. "LBG confirms that it is in late-stage settlement discussions with a number of agencies," the bank said in st
Read more(Updates information from sources) By Kirstin Ridley and Matt Scuffham July 24 (Reuters) - The long-awaited fine on Britain's Lloyds Banking Group in relation to the benchmark interest rate (LIBOR) fixing allegations will be announced next week, two sources familiar with the inquiry t
Read moreJuly 24 (Reuters) - Lloyds Banking Group is expected to announce early next week that the British bank would pay between 200 million pounds and 300 million pounds ($509.52 million)to settle benchmark interest rate (LIBOR) fixing allegations, the Financial Times reported late on Thursday. Ll
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