Lloyds Share News (LLOY)

UPDATE 1-UK banks must change to end customer alienation: policymaker

(Adds more detail) By Huw Jones LONDON, May 25 (Reuters) - Britain's banks are stuck with flagging financial returns while failing to tackle overpaid investment bankers and customer alienation, a senior Bank of England policymaker said on Wednesday. Martin Taylor, a member of th

BoE policymaker says UK banks stuck on tundra until they change

LONDON, May 25 (Reuters) - Britain's banks are stuck on a cold "tundra" of flagging financial returns and failure to tackle structural problems like overpaid investment bankers and a lack of trust, a senior Bank of England policymaker said on Wednesday. Martin Taylor, a member of the BoE's

UPDATE 1-UK banks ditching fintech, foreign customers to cut costs

(Adds details from report) By Huw Jones LONDON, May 24 (Reuters) - Banks are ditching customers such as financial technology firms and foreign nationals to cut the cost of complying with tougher capital and anti-money laundering rules, an independent study for Britain's markets watchd

UK watchdog study finds cautious banks ditching customers

LONDON, May 24 (Reuters) - Banks have been ditching customers as they face tougher capital requirements and stricter rules to crack down on money laundering, an independent study for Britain's markets watchdog said on Tuesday. The Financial Conduct Authority (FCA) commissioned the study to

BROKER RATINGS SUMMARY: Bernstein Favours BT Over Vodafone

Legal costs burn one-third of Europe bank profits since '08 - ECB

FRANKFURT, May 23 (Reuters) - European banks have spent a third of their net profits on provisions to cover expected legal costs since the start of the economic crisis in 2008, European Central Bank data showed on Monday. Between 2008 and 2015, European banks have set aside $160 billion in

British banks reprise riskier lending in hunt for revenue

* Consumer credit growth highest since 2005 * Banks chase yield with riskier lending * Pressure on management to restore profits and boost shares By Sinead Cruise and Lawrence White LONDON, May 19 (Reuters) - A surge in consumer lending and a revival of no-deposit resident

WINNERS & LOSERS SUMMARY: Thomas Cook Crushed After Warning On Outlook

Financials lead gains as interest rate curves steepen, pound pops higher

(ShareCast News) - Financials led gains in London, over on the Continent and across the Pond too, as interest rate futures continued to progressively - albeit only modestly - price-in a higher probability of a US central bank rate hike in the very near-term, perhaps as soon as the next month. As of

Britain's FTSE retreats from 2-week high, miners weigh

* FTSE 100 index flat at close * Burberry falls after profit slump * Miners track weaker metals prices * Banks rally on renewed prospect of U.S. rate hike (Updates with prices at close) By Kit Rees and Atul Prakash LONDON, May 18 (Reuters) - Britain's top share ind

LONDON MARKET CLOSE: Miners Drag FTSE 100 Lower Even As UK Banks Rise

Britain's FTSE retreats from 2-week high, miners weigh

* FTSE 100 index down 0.2 percent * Burberry falls after profit slump * Miners track weaker metals prices (Adds detail and quote, updates prices) By Kit Rees and Atul Prakash LONDON, May 18 (Reuters) - Britain's top share index slipped from a two-week high on Wednesday a

Wednesday newspaper share tips: Lloyds, Premier Foods

(ShareCast News) - UK's big banks are at a nadir in their fortunes and yet to enjoy a sustained uplift in their business, albeit with fundamentals beginning to turn north, says the Financial Times' Lex column. Mortgage, credit card and personal lending all turned a corner in 2014, and in 2015 both L

UK government plans retail sale of Lloyds stake

(ShareCast News) - The UK government is planning a retail sale of its 9.2% shareholding in Lloyds Banking Group, fully returning the shares to the private sector between 2016 and 2017. HM Treasury today received a £130m dividend payment from bailed-out Lloyds, taking the total received from the bank

UK Government Reaffirms Plan To Sell Lloyds Stake By 2017 (ALLISS)