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* Investors agree to sell bonds worth nominal 58.5 mln stg * Offer had been criticised by activist investor * Pays between 104 and 144 percent of nominal value (Adds details, background) LONDON, April 17 (Reuters) - Lloyds Banking Group said on Thursday that private retail in
Read more(Corrects to say bonds worth nominal 58.5 mln stg) LONDON, April 17 (Reuters) - Lloyds Banking Group
said private retail investors had agreed to sell bonds worth a
nominal 58.5 million pounds ($98.2 million) which had been
issued to rescue the bank during the 2008/9 financial crisis.
In the early hours of the morning Ukraine began its "anti-terrorist" operation in the northern part of the Donetsk region. The country's President described it as "phased, responsible and balanced". Ukrainian military units took up positions around the region, setting up checkpoints along key roads.
Read more(Adds Deutsche Bank, Banca Popolare dell'Emilia Romagna) April 15 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email to moves@thomsonreuters.com. BARCLAYS PLC The bank said it would appoint Crawf
Read more(Adds quote, background) By Patrick Graham LONDON, April 15 (Reuters) - Lloyds Bank's global head of foreign exchange spot trading has left the bank, citing personal reasons unrelated to the global investigation into currency market manipulation, sources with direct knowledge of the m
Read moreLONDON, April 15 (Reuters) - Lloyds Bank's head of foreign exchange spot trading has left the bank, citing personal reasons unrelated to the investigation into manipulation of the global currency market, sources with direct knowledge of the matter said on Tuesday. Darren Coote had been with
Read moreLloyds Banking Group is planning to begin the sale of its TSB division in mid-May despite recent market ructions, the Sunday Telegraph said. The initial public offering would see TSB listed on the stock exchange by the end of May. Some investors are questioning the value of 1.5bn to 2bn pounds place
Read moreBy Chris Vellacott LONDON, April 12 (Reuters) - British investors have called upon investment banks to stick closer to lock-up agreements on sales of company shares after a major transaction, saying it would ensure more stable markets. The Association of British Insurers (ABI) - whose
Read more* Share rally in domestically focused UK companies to fade * Global companies offer better value after missing out on rally * Resources stocks expected to get dividend boost By Atul Prakash LONDON, April 11 (Reuters) - A year-long outperformance by domestically focused Bri
Read more* Number of customers switching increased by 14 percent * New rules part of measures to increase competition LONDON, April 11 (Reuters) - New rules making it easier for Britons to switch banks resulted in a 14 percent increase in the number of customers moving accounts in the six mont
Read more(Adds Deutsche Bank, Llyods, Willis Group) April 10 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email to moves@thomsonreuters.com. DEUTSCHE BANK AG The bank appointed Gregg Gilbert as managing
Read more(Adds more detail) By Freya Berry LONDON, April 10 (Reuters) - A British parliamentary committee will question independent financial adviser Lazard this month regarding its role in the sale of Royal Mail, a committee spokeswoman said on Thursday. Lazard, which advised the govern
Read moreLONDON, April 10 (Reuters) - British finance minister George Osborne was on Thursday pressed for more details about the government's involvement in a collapsed deal to sell hundreds of Lloyds Banking Group branches to the Co-operative Bank . Lawmakers conducting an inquiry into the planned
Read moreThe Financial Conduct Authority (FCA) has proposed working with the competition regulator to ensure banks' overdraft mechanisms and fees are fairer. As overdraft fees generate a third of the revenue from personal account banking in Britain, the prospect of the financial watchdog imposing changes c
Read moreBy Huw Jones LONDON, April 10 (Reuters) - Britain's financial watchdog may impose changes in how banks treat overdrawn customers after its research showed people are paying too much when they go into the red. Banking fees have become politically charged, with lawmakers and the governm
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