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LONDON (Dow Jones)--HydroDec Group PLC (HYR.LN), said Friday that Lloyds Banking Group PLC (LLOY.LN), is no longer interested in the company's voting rights -Shares traded Friday at 8.88 pence, valuing the company at GBP27.10 million. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9
Read moreLONDON (Dow Jones)--Ashley House PLC (ASH.LN), said Friday that Lloyds Banking Group PLC (LLOY.LN), was no longer interested in the company's voting rights. -Shares traded Friday at 37.0 pence, valuing the company at GBP20.59 million. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9
Read more(Adds lead managers.) By Michael Wilson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Care UK Health and Social Care PLC, the parent company of Care UK Limited, plans to sell GBP250 million of seven-year senior secured bonds to finance the acquisition of the company by private-equity compan
Read more(Adding roadshow timing, background.) By Michael Wilson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Care UK Health and Social Care PLC, the parent company of Care UK Limited, plans to issue GBP250 million of seven-year senior secured bonds to finance the acquisition of the company by priv
Read moreThe government's new tax and spending watchdog was plunged into fresh controversy last night after it was revealed that the Office for Budget Responsibility slashed its forecasts for expected job losses from George Osborne's austerity package in the days leading up to last month's budget, the Guardi
Read more("New Venture To Bid For UK Government Bank Assets -Report," at 1032 GMT, misstated the nature of the likely bid in the first and third paragraph. The correct version follows:) LONDON (Dow Jones)--The chairman of Lloyd's of London together with the man who last year led a review of corporate go
Read moreBy Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Europe's market for initial public offerings was off to a slow start for the second half, as the approach of the traditional summer lull kept most potential issuers on the sidelines. Existing deals moving through the IPO proce
Read moreFootsie's strong recovery continued for a third day with the blue chip index closing above 5,100 driven by buoyant financial services companies. The index is up by more than 300 points this week and to its highest in nine days. Growing optimism about the European bank stress tests and yesterday's
Read moreFinancials are pushing Footsie higher. Growing optimism about the European bank stress tests and yesterday's forecast upgrade by American peer State Street had buyers all over Lloyds Banking, Royal Bank of Scotland and Barclays. All three banks will be stress tested by the EU. Royal Dutch Shell
Read moreBullish banks and rising commodity prices have sparked a fresh rally, taking this week's recovery near to 300 points and the leading index to its highest in nine days. Growing optimism about the European bank stress tests and yesterday's forecast upgrade by American peer State Street had buyers all
Read moreBy Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Two city heavyweights are behind a new bank bid vehicle expected to list on the London Stock Exchange within weeks and buy up banking assets being sold by U.K. banks, a person familiar with the situation told Dow Jones Newswires
Read moreLeading shares resumed their upward trek late in the morning session, with banks leading the advance ahead of the announcement of the Bank of England's rate decision announcement. The Bank kept interest rates unchanged at 0.5%, as expected Buyers have been chasing bank prices higher after the Inter
Read moreLONDON (Dow Jones)-- North Atlantic Smaller Companies Investment Trust PLC(NAS.LN, said Thursday that Lloyds Banking Group PLC (LLOY.LN), is no longer interested in the company's voting rights. -Shares at 1055 GMT up 12.50 pence, or 1.32%, at GBP960 pence, valuing the company at GBP143.27 milli
Read more0934 GMT [Dow Jones] Market sentiment toward the European banking sector is likely to continue to be supported in the run-up to the July 23 publication of the results of stress tests, as banks will obviously been keen to leak early if they know they have passed, says TD Securities strategist Richard
Read moreLONDON (Dow Jones)--The chairman of Lloyd's of London together with the man who last year led a review of corporate governance in the banking sector are backing plans by institutions to buy one of the banks owned by U.K. taxpayers, Sky News reports Thursday. Lord Peter Levene and Sir David Walke
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