Last checked at 10 Oct 2023 08:59
LONDON BROKER RATINGS: DZ Bank raises BAE Systems to 'buy' from 'hold'
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Lloyds Share News (LLOY)
LLOY Share
Price
LLOY Share
News
LLOY Share
Chat
LLOY Share
Trades21,839
LLOY
Live RNS
LLOY Share
Charts
LLOY Level 2
Console
LLOY Live
Share Price
LLOY Broker
Ratings
LLOY Directors
Deals
LLOY Financial
Diary
LLOY
Fundamentals
LLOY Short
Positions
LLOY
Media
Lloyds Information
Share Price Information for Lloyds (LLOY)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
53.72
Bid:
53.62
Ask:
53.66
Change:
1.54 (2.95%)
Spread:
0.04 (0.075%)
Open:
52.98
High:
54.20
Low:
52.94
Prev. Close:
52.18
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.British banks face ring-fence between retail and investment arms
Wed, 15th Jun 2011 10:36
British banks are to be forced to ring-fence their retail and investment operations.The idea is to protect high street bank customers losing their savings if investment bankers suffer heavy losses, as they did during the financial crisis of 2008.The Chancellor of the Exchequer, George Osborne, is expected to announce the policy this evening during his annual Mansion House speech following recommendations made by Sir John Vickers, the former chief economist at the Bank of England.The banking industry is split over whether the proposed changes are a good idea. The UK's biggest bank, HSBC, has said separating investment and retail activities could be a good thing, while Stephen Hester, the Chief Executive of RBS has argued the reverse and claims it will lead to higher costs for consumers.Exactly how the so called "firewall" between investment and retail will work is not yet clear but some reports suggest the Chancellor will call for retail banking operations to have their own IT systems, offices and funding completely separate from other parts of the company. This, it is hoped, would ensure they could operate in the event of failure elsewhere.This evening's Mansion House speech is, according to the BBC, also likely to touch on the vexed issue of how much capital banks must keep in reserve to protect themselves in a crisis. It cites treasury sources as saying the figure could be as high as 10% of the value of the bank's risky assets. Some bankers would see this as a severe restriction on their freedom to act in the market-place. It is also expected that George Osborne will announce this evening how the government intends to deal with the disposal of Northern Rock, the former building society whose collapse signalled the beginning of the banking crisis in the UK.Reports suggest a "good bank" - made up of 70 Northern Rock branches and customers' savings accounts - will be sold to the private sector while the government will retain the so called "bad bank" containing the risky loans that were the cause of so many problems in 2008.News of the UK government's plans for the banking sector left bank stocks the worst performers in the Europe Stoxx 600 index in early trading.BS
More News
6 Oct 2023 11:43
LONDON MARKET MIDDAY: Aviva takeover talk boosts FTSE 100
(Alliance News) - The FTSE 100 was in the green at midday Friday, boosted by Aviva amid takeover rumours.
Read more5 Oct 2023 16:54
LONDON MARKET CLOSE: FTSE 100 rises but banks struggle on Metro woe
(Alliance News) - Stock prices in Europe ended mixed on Thursday, with the FTSE 100 outperforming despite some pressure on its banking shares, which suffered in a negative read-across amid worries for Metro Bank.
Read more22 Sep 2023 09:33
LONDON BROKER RATINGS: BoA likes Dowlais; JPMorgan cuts Phoenix Group
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:
Read more5 Sep 2023 15:48
UK dividends calendar - next 7 days
| Wednesday 6 September | |
| no events scheduled | |
| Thursday 7 September | |
| Admiral Group PLC | ex-dividend payment date |
| Alpha Financial Markets Consulting PLC | ex-dividend payment date |
| Anglo-Eastern Plantations PLC | ex-dividend payment date |
| Assura PLC | ex-dividend payment date |
| Athelney Trust PLC | ex-dividend payment date |
| Baltic Classifieds Group PLC | ex-dividend payment date |
| Blackrock World Mining Trust PLC | ex-dividend payment date |
| CLS Holdings PLC | ex-dividend payment date |
| CT UK Capital & Income Investment Trust PLC | ex-dividend payment date |
| Derwent London PLC | ex-dividend payment date |
| Develop North PLC | ex-dividend payment date |
| DS Smith PLC | ex-dividend payment date |
| Empiric Student Property PLC | ex-dividend payment date |
| GlobalData PLC | ex-dividend payment date |
| Greggs PLC | ex-dividend payment date |
| Harbour Energy PLC | ex-dividend payment date |
| Pollen Street PLC | ex-dividend payment date |
| Prudential PLC | ex-dividend payment date |
| Relx PLC | dividend payment date |
| RM Infrastructure Income PLC | ex-dividend payment date |
| Serco Group PLC | ex-dividend payment date |
| Severfield PLC | ex-dividend payment date |
| VPC Specialty Lending Investments PLC | ex-dividend payment date |
| XP Power Ltd | ex-dividend payment date |
| Zotefoams PLC | ex-dividend payment date |
| Friday 8 September | |
| abrdn New Dawn Investment Trust PLC | dividend payment date |
| Avon Protection PLC | dividend payment date |
| Berkeley Group Holdings PLC | dividend payment date |
| Chemring Group PLC | dividend payment date |
| Ecofin US Renewables Infrastructure Trust PLC | dividend payment date |
| iomart Group PLC | dividend payment date |
| Keller Group PLC | dividend payment date |
| Lookers PLC | dividend payment date |
| Moneysupermarket.com Group PLC | dividend payment date |
| Nichols PLC | dividend payment date |
| Tritax EuroBox PLC | dividend payment date |
| Tyman PLC | dividend payment date |
| Monday 11 September | |
| AstraZeneca PLC | dividend payment date |
| Games Workshop Group PLC | dividend payment date |
| Rentokil Initial PLC | dividend payment date |
| Residential Secure Income PLC | dividend payment date |
| ThomasLloyd Energy Impact Trust PLC | dividend payment date |
| Tuesday 12 September | |
| Ashtead Group PLC | dividend payment date |
| Foxtons Group PLC | dividend payment date |
| Lindsell Train Investment Trust PLC | dividend payment date |
| Lloyds Banking Group PLC | dividend payment date |
| LMS Capital PLC | dividend payment date |
| Copyright 2023 Alliance News Ltd. All Rights Reserved. | |
1 Sep 2023 00:01
Some UK banks improving interest rates for savers, says watchdog
LONDON, Sept 1 (Reuters) - More savings accounts are offering higher interest rates as a more competitive market emerges, though regulatory intervention may still be needed to ensure customers are getting fair value, Britain's Financial Conduct Authority (FCA) said on Friday.
Read more18 Aug 2023 10:22
UK banking stocks are undervalued, says Shore Capital
(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".
Read more17 Aug 2023 22:30
Britain makes access to fee-free cash machine a legal right
LONDON, Aug 17 (Reuters) - Nearly everyone in Britain will remain within three miles (4.8 km) of a cash machine that does not charge fees despite the dwindling use of notes and coins, the finance ministry said on Thursday.
Read more14 Aug 2023 17:18
UK watchdog kicks off 'politically-exposed persons' review
LONDON, Aug 14 (Reuters) - Britain's Financial Conduct Authority said on Monday it will ask lawmakers to report any problems they have opening or maintaining a bank account ahead of a formal investigation.
Read more12 Aug 2023 20:08
Daily Mail in talks with investors over potential bid for Britain's Telegraph
Aug 12 (Reuters) - The Daily Mail and General Trust has registered its interest with British bank Lloyds for a potential bid for The Telegraph, a spokesperson told Reuters on Saturday.
Read more10 Aug 2023 15:08
National World sizes up possible bid for Telegraph Media Group
(Alliance News) - National World PLC on Thursday said it is considering making an offer for the Telegraph Media Group, the up for sale operator of the Daily Telegraph newspaper in the UK and Spectator magazine.
Read more9 Aug 2023 16:16
FTSE 100 movers: Commodity stocks rise, Hiscox sinks
(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.
Read more4 Aug 2023 08:14
TOP NEWS: WPP cuts outlook as US tech customers keep lid on spending
(Alliance News) - WPP PLC on Friday cut its yearly guidance, as the advertising company's second-quarter was hurt by weaker spend in its US technology clients.
Read more3 Aug 2023 19:13
UK's Hunt asks financial watchdog to urgently review 'debanking' concerns
LONDON, Aug 3 (Reuters) - British finance minister Jeremy Hunt said on Thursday he had asked the country's financial services watchdog to urgently investigate terminations of bank accounts and suggested that lenders who have broken the law should be fined.
Read more3 Aug 2023 18:35
Britain's banks told to give data on terminating customer accounts
LONDON, Aug 3 (Reuters) - Britain's Financial Conduct Authority said on Thursday it will ask banks and building societies for data on customer account terminations to check if they were justified or break the law.
Read more