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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 56.92
Bid: 56.88
Ask: 56.92
Change: 0.74 (1.32%)
Spread: 0.04 (0.07%)
Open: 55.94
High: 57.00
Low: 55.94
Prev. Close: 56.18
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JP Morgan Chase appoints new Global Head of Regulatory Strategy

Fri, 11th Jan 2013 10:05

JP Morgan Chase said on Friday Timothy Ryan Jr. will join the company as Global Head of Regulatory Strategy after he retires from the board of Lloyds Banking Group.Ryan will step down from Lloyds on April 18th before starting at the UK financial services company."Tim has been on our board for the last four years and his deep banking knowledge as well as his broad international banking industry expertise has been of great value to the group at a time of considerable regulatory and industry change," Chairman Sir Winfried Bischoff, Chairman, said in a statement. "His contribution will be much missed by us all and we wish him well in his new responsibilities."The announcement follows news a senior executive at Lloyds was forced to quit his job after he blew the whistle on failures in the bank's IT system that would have cost £200m to fix.Stephen Clements, 51, the former head of the business continuity at Lloyds Banking Group, has filed a legal suit against the company over claims there was a deliberate cover-up of mistakes to avoid the cost of repairing the problem and the damage to the bank's reputation.The bank denies all his claims and the tribunal continues.Clements quit his £130,000-a-year job as head of business continuity at the bank in July.
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4 Jul 2023 07:24

FCA summons bank chiefs over low savings rate concerns

(Sharecast News) - The Financial Conduct Authority (FCA) has called on the chief executives of major banks to address concerns over the low savings rates being offered to customers, it emerged on Tuesday.

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3 Jul 2023 17:15

UK banks asked by lawmakers if they're 'exploiting' savers with low rates

LONDON, July 3 (Reuters) - British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped customers, in the latest intervention by parliament's influential Treasury Select Committee.

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3 Jul 2023 11:06

IN BRIEF: Capita extends revolving credit facility to end of 2026

Capita PLC - London-based process outsourcing and professional services company - Extends the maturity of its revolving credit facility by just over two years to December 31, 2026 from August 31, 2024. The available facility is for GBP284 million, reducing to GBP250 million by January 1, 2025. The facility was arranged by seven lenders. These comprised two new banking partners, Standard Chartered PLC and the London branch of Bank of China Ltd, plus five existing lenders, including Barclays Bank PLC and Lloyds Banking Group PLC. The original terms of the RCF are "substantially unchanged." Barclays acted as the coordinator for the arrangement.

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3 Jul 2023 09:37

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3 Jul 2023 09:26

UK banks criticised by lawmakers for 'measly' savings rates

LONDON, July 3 (Reuters) - British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped customers, in the latest intervention by parliament's influential Treasury Select Committee.

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30 Jun 2023 13:09

British mortgage lenders now have options in place to ease interest rate pain -FCA

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30 Jun 2023 12:39

British mortgage lenders can offer options to help ease interest rate pain -FCA

LONDON, June 30 (Reuters) - Banks and building societies in Britain can offer mortgage customers options to ease the pain of rising interest rates, the Financial Conduct Authority (FCA) said on Friday.

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30 Jun 2023 09:39

TOP NEWS: Barratt Developments sells over 600 homes to Lloyds Banking

(Alliance News) - Barratt Developments PLC on Friday said it will sell 604 homes to Citra Living Properties Ltd for GBP168.4 million in cash.

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(Alliance News) - European markets opened higher on Friday, shaking off weak economic data from China and instead taking heart from stronger economic growth from the US.

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30 Jun 2023 08:22

UK's Barratt looks to boost revenue with $212.6 mln homes sale deal with Citra

June 30 (Reuters) - Barratt Developments on Friday said it had agreed to sell 604 homes to Lloyds' private rental subsidiary Citra Living for 168.4 million pounds ($212.57 million) in cash, as Britain's largest housebuilder looks to diversify revenue.

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30 Jun 2023 07:56

LONDON BRIEFING: Markets ponder strong US economy, slow China recovery

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