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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 57.10
Bid: 57.06
Ask: 57.10
Change: 0.92 (1.64%)
Spread: 0.04 (0.07%)
Open: 55.94
High: 57.14
Low: 55.94
Prev. Close: 56.18
LLOY Live PriceLast checked at -

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FTSE 100 movers: Stress tests provide concern for banks

Mon, 18th Jul 2011 13:55

The banks were the heavy fallers on Monday, as the results of Friday's stress tests on the Europe's banks were seen as too soft. Markets across the continent were disappointed with the tests, with reports from Bloomberg saying that European banks may need to raise up to €80bn of extra capital after the European Banking Authority didn't include a Greek default scenario, despite the majority of investors expecting one. Royal Bank of Scotland, Lloyds and Barclays were among the worst performers on the blue chip index in London.ARM Holdings is the high riser despite Matrix keeping its reduce rating and 505p target price on the chip designer, saying that while it has one of the most compelling investment cases in the semiconductor sector, the stock is overvalued at current levels.Meanwhile, Fresnillo and Randgold Resources were heading higher on the back of higher silver and gold prices. Gold rose over the $1,600-per-ounce mark before edging back down, as investors were attracted to its safe-haven qualities as the European debt crisis rattled on. Furthermore, Standard Chartered was seen to be bullish over gold demand, saying that gold prices may reach $2,000 by 2014 and $5,000 by 2020.Investment management business Man Group was in the red after saying that it is to acquire the remaining exposure to the estates of the now-bankrupt US investment bank, Lehman Brothers, from funds managed by its subsidiary, GLG Partners, for $355m in cash, in an effort to reassure investors.Global engineering giant GKN was also firmly lower after it announced that it is looking to expand its Land Systems division with the acquisition of engineer Stromag for €164m (£146m). BCFTSE 100 - RisersARM Holdings (ARM) 576.00p +2.13%Fresnillo (FRES) 1,657.00p +1.97%Randgold Resources Ltd. (RRS) 5,555.00p +1.65%Centrica (CNA) 320.70p +1.04%Autonomy Corporation (AU.) 1,736.00p +0.70%Standard Chartered (STAN) 1,615.00p +0.37%Imperial Tobacco Group (IMT) 2,155.00p +0.23%GlaxoSmithKline (GSK) 1,344.00p +0.15%John Wood Group (WG.) 683.00p -0.07%British Sky Broadcasting Group (BSY) 708.50p -0.14%FTSE 100 - FallersRoyal Bank of Scotland Group (RBS) 33.54p -4.42%Lloyds Banking Group (LLOY) 42.95p -3.87%Intertek Group (ITRK) 1,853.00p -3.49%Cairn Energy (CNE) 374.10p -3.43%ITV (ITV) 64.50p -3.30%Barclays (BARC) 216.00p -3.27%Man Group (EMG) 233.40p -3.23%GKN (GKN) 231.70p -3.05%Rexam (REX) 368.60p -2.85%Smiths Group (SMIN) 1,125.00p -2.77%
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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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8 Dec 2023 09:39

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7 Dec 2023 10:16

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4 Dec 2023 13:42

Barclay family repays debt to Lloyds amid potential sale of Telegraph

(Alliance News) - The Barclay family has repaid the nearly GBP1.2 billion that it owed to Lloyds Banking Group PLC, opening up its chance to transfer control of the Telegraph newspaper to an Abu Dhabi-backed fund.

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30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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30 Nov 2023 09:18

Lloyds, Halifax and Bank of Scotland to shut another 45 branches

(Alliance News) - Lloyds Banking Group PLC is shutting another 45 branches across its network and the Halifax and Bank of Scotland brands amid the ongoing shift away from high street banking.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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28 Nov 2023 08:53

LONDON MARKET OPEN: Stocks slide in Europe; Rolls-Royce outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

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19 Nov 2023 19:07

Sunday newspaper round-up: Tax cuts, The Telegraph, Tata Steel

(Sharecast News) - The Prime Minister and his Chancellor are mulling last minute reductions to income taxes or the inheritance tax in a bid to boost economic output, as well as their party's odds at the next elections. The tax cuts would be aimed at low and middle income earners with the impact on inflation to be offset by a decrease on welfare payments or other cuts. Postponing a widely anticipated cut to the inheritance tax is also being looked into, as halving the 40% rate has seen accusations of a hand out to the rich in the midst of a cost-of-living crisis being levied against them. - The Sunday Times

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17 Nov 2023 14:11

IN BRIEF: H&T Group receives funding facility of GBP10 million

H&T Group PLC - pawnbroker and retailer of new and pre-owned jewellery - Receives funding facility of GBP10 million from Allica Bank Ltd. Says this additional funding will help to support growth in its pledge book, as well as investment in the store portfolio. The facility comprises a term loan with a maturity which coincides with, and which has the option to extend maturity in line with, the group's existing funding facilities provided by Lloyds Bank PLC. Interest will be charged at 4% above base rate.

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17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.

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