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LONDON, May 29 (Reuters) - The Bank of England said net lending to businesses by banks and building societies taking part in its Funding for Lending Scheme (FLS) fell by 2.7 billion pounds in the first quarter of 2014. Banks have drawn down 43.3 billion pounds ($72.3 billion) of cheap funds
Read more(Updates sourcing, adds company spokeswoman's comments) May 29 (Reuters) - Lloyds Banking Group has hired a female partner from KPMG to head its audit operations as part of its drive to increase the number of senior female executives at the state-backed group. Mary Hall will be the se
Read more(In paragraph 3, corrects number of posts to 8,000 from 5,000 and makes clear that these are top posts) May 29 (Reuters) - Lloyds Banking Group has hired a female KPMG partner to head its audit operations as the state-backed group attempts to increase the number of senior female executives,
Read more(Adds Lloyds Bank, Franklin Templeton) May 28 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email to moves@thomsonreuters.com. LLOYDS BANK COMMERCIAL BANKING The division of Lloyds Banking Group
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Cantor Fitzgerald reiterated its 'sell' rating on Royal Mail, and cut its target price from 500p to 480p, pushing the stock into the bottom spot. Engineering group Weir fell after announcing it has dropped its pursuit to merge with Metso after continued rejections from the board of the Finnish riva
Read more- Eurozone data comes in mixed, German unemployment weak - Markets cautious after recent highs - RBS, LSE lead financials high - GSK to be investigated by UK fraud body techMARK 2,788.03 +0.06% FTSE 100 6,849.21 +0.06% FTSE 250 15,890.88 +0.30% UK stocks were trading in a narrow range on Wednesday
Read more* Bank loan-loss provisioning an accounting concern * Watchdog says broader review must bring improvements * FRC to consult on new transparency rule * Big Four accountants say they working to improve audits (Adds reaction from Big Four accounting firms) By Huw Jones <
Read more* Bank loan-loss provisioning an accounting concern * Watchdog says broader review must bring improvements * FRC to consult on new transparency rule By Huw Jones LONDON, May 28 (Reuters) - Accountants who check the books of Britain's banks must sharpen their act or could b
Read more- FTSE 100 catches up after long weekend - Euroscepticism tempered by election results in Italy, Greece - IHG gains on bid interest - Lloyds to float TSB division - Pfizer walks away from AstraZeneca proposal techMARK 2,786.31 +1.03% FTSE 100 6,844.94 +0.43% FTSE 250 15,843.93 +0.88% Equities ende
Read moreInterContinental Hotels Group shares surged on Tuesday after Sky News reported that the the company rejected a 6bn-pound takeover bid on the grounds that it was too low. While the identity of the bidder has not been confirmed, analysts have suggested that the proposal could have come from Starwood H
Read more- FTSE 100 catches up after long weekend - Euroscepticism tempered by elections results in Italy, Greece - IHG gains on bid interest - Lloyds to float TSB division - Pfizer walks away from AstraZeneca proposal techMARK 2,788.40 +1.10% FTSE 100 6,849.22 +0.49% FTSE 250 15,836.22 +0.83% UK stocks po
Read more* IPO will create new independent challenger bank * Lloyds had to sell business as condition of bailout * TSB wants 6 percent market share in 4 to 5 years * TSB won't pay dividend until 2017 (Adds comments from TSB Chief Executive) By Matt Scuffham LONDON, May 27 (
Read moreBy Anil Mayre LONDON, May 27 (IFR) - Lloyds Banking Group has launched a liability management exercise to buy back sterling and euro-denominated covered bonds as part of a plan to "manage its overall wholesale funding position and better optimise its stock of outstanding debt securities", a
Read more- Eurosceptism tempered by strong election results in Italy, Greece - FTSE 100 tracks gains made in Europe on Monday - IHG rises strongly on takeover rumours - Lloyds to float TSB - Pfizer walks away from AstraZeneca techMARK 2,779.89 +0.79% FTSE 100 6,830.41 +0.22% FTSE 250 15,824.59 +0.75% UK st
Read moreThe UK stock market is expected to open strongly on Tuesday morning as traders return to their desks in a bullish mood following an impressive performance on European bourses the day before. City sources predict the FTSE 100 will open around 24 points higher than Friday's close of 6,815.75. While
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