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- Lloyds, BSkyB, BG Group and Schroders gain - UK manufacturing activity at five-month high - Fed sticks with taper despite weak Q1 growth techMARK 2,774.45 -0.22% FTSE 100 6,797.46 +0.26% FTSE 250 15,812.19 -0.03% Well-received updates from Lloyds, BSkyB, BG Group and Schroders and upbeat UK manu
Read moreMost of Lloyds' key financial metrics have continued to 'appreciate measurably', according to Hargreaves Lansdown Stockbrokers. "Lloyds is often seen as a proxy for the UK economy, and although they are inextricably linked, both are beginning to prosper after a long period of austerity," said Richa
Read more- Markets at highest since March 4th - Fed sticks with taper - Plenty of economic data due out - BSkyB, Lloyds, BG Group and Schroders gain techMARK 2,785.17 +0.17% FTSE 100 6,805.94 +0.38% FTSE 250 15,928.81 +0.71% The FTSE 100 surpassed the 6,800 mark in early trading on Thursday, a level not se
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* Bank plans flotation of TSB Bank in next 8 weeks * Lloyds says to sell at least 25 pct of TSB * Lloyds to hold talks in H2 to restart dividend * Margin improves and costs fall (Adds comments from executives, analyst, details on TSB sale) By Matt Scuffham and Steve Slat
Read moreDomestic lender Lloyds said that underlying profits rose by over a fifth in the first quarter and it continues to expect to apply to regulators in the second half to restart dividend payments. Group underlying profit for the first three months of 2013 totalled £1.8bn, up 22% compared with last year
Read moreLONDON, May 1 (Reuters) - Lloyds Banking Group plans to sell off at least 25 percent of its TSB business in a stock market flotation before the end of June, Finance Director George Culmer told reporters on a conference call. Lloyds must sell the business, valued by analysts at around 1.5 b
Read moreLONDON, May 1 (Reuters) - Lloyds Banking Group reported a 22 percent increase in first-quarter pretax profit and said it continued to expect to apply for permission in the second half of the year to restart dividend payments. Lloyds, which is 25 percent-owned by the government, reported an
Read moreLONDON, May 1 (Reuters) - Analysts expect Lloyds Banking Group to report a rise in first-quarter pretax profit on Thursday, continuing its recovery following a rescue by the UK government during the 2008-2009 financial crisis. Sanford Bernstein analyst Chirantan Barua expects the bank, whic
Read more* UK test results due by end of year, after EU results * UK pass mark based on full Basel III implementation * Passing test won't necessarily mean no more capital needed (Adds detail) By Huw Jones LONDON, April 29 (Reuters) - Britain's lenders will have to show they hold
Read moreLONDON, April 29 (Reuters) - Britain's lenders will have to show they hold enough capital to withstand a near 35 percent slump in house prices and a spike in interest rates to 4 percent, the Bank of England said on Tuesday. The BoE's Prudential Regulation Authority said eight of Britain's b
Read more(Adds Crystal & Co, Lloyds Bank, U.S. Bank Wealth Management) April 28 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email to moves@thomsonreuters.com. SCHRODERS PLC The investment manager said it
Read more(adds background, more details) By Kirsti Knolle and Aimee Donnellan FRANKFURT/LONDON, April 28 (Reuters/IFR) - Deutsche Bank announced its first-ever Additional Tier 1 (AT1) bond sale on Monday, a multi-currency benchmark deal intended to address concerns about its capital reserves.
Read more(For other news from Reuters Financial Regulation Summit, click on http://www.reuters.com/summit/FinancialRegulation14) * Total compensation set to hit 20 bln stg * Biggest single PPI fine was 7 mln stg in 2008 * Helping victims is best use of resources, says FCA LONDON, A
Read moreLONDON, April 28 (Reuters) - Investment manager Aberdeen Asset Management said the head of the Scottish Widows funds business it recently bought from Lloyds Banking Group was leaving as part of the unit's absorption into its new owner. Aberdeen said on Monday that Dean Buckley, chief execu
Read moreBanking stocks were under pressure on Friday with global lender HSBC leading the decline after a broker downgrade. HSBC was trading 2% lower at 600.5p in the afternoon session after Morgan Stanley analysts lowered their recommendation on the stock from 'equal weight' to 'underweight'. The US bank
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