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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 55.56
Bid: 55.64
Ask: 55.66
Change: -0.52 (-0.93%)
Spread: 0.02 (0.036%)
Open: 56.22
High: 56.32
Low: 54.98
Prev. Close: 56.08
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New Co-op deal proposed for Lloyds branches

Mon, 14th May 2012 09:16

Fresh life has been breathed back into the Co-op's bid to takeover 632 Lloyds branches after reports said a new deal was put to the City Regulator.The Co-op's attempts to win control of Lloyds' "Project Verde" branches had faltered after the Financial Services Authority (FSA) raised questions about management capabilities and governance at the Co-op.Two weeks ago Lloyds ended an exclusivity deal with Co-op, allowing NBNK, a new banking venture led by Lord Levene and Gary Hoffman, to enter the fray.But the Sunday Telegraph said that a new proposal was in the hands of the FSA, which would see Verde's interim management team transferring along with the branches to run the Co-op's enlarged banking business.The branches in question would stay on Lloyds' technology platform and remain reliant on the bank for operational capability, the newspaper reported.The European Union has set a deadline of November 2013 for Lloyds to sell the Verde branches as a condition of having accepted a taxpayer bailout.The assets in the frame include TSB and Intelligent Finance brands; they account for a 4.6% share of the total UK current account market and around 19% of Lloyds' mortgage book.The 632 branches would come with about five million customers.Meanwhile, MP's on the Treasury Select Committee will meet on Tuesday to take evidence on what to do with the shares currently owned by the taxpayer in both Lloyds and Royal Bank of Scotland.It will take evidence from the great and the good of the City, including investment banks and institutional investors.The banks were bailed out in 2008 to the tune of £65bn, but those stakes are now worth half that amount.
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24 Apr 2024 09:11

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24 Apr 2024 09:04

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24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

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24 Apr 2024 07:02

Lloyds Bank holds guidance as Q1 profit falls £28%

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23 Apr 2024 10:43

Wednesday preview: US corporate results, Lloyds in the spotlight

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22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

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19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

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19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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

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19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

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19 Apr 2024 07:47

LONDON BRIEFING: Man Group assets up; 888 revenue above outlook

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18 Apr 2024 14:55

Nord Stream insurers deny policies covered war risks in UK lawsuit

MOSCOW/LONDON, April 18 (Reuters) - Nord Stream's insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the damage was caused by war, in their written defence to a lawsuit filed at London's High Court.

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18 Apr 2024 07:52

Nord Stream insurers say policies did not cover war risks, Kommersant reports

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17 Apr 2024 14:00

UK earnings, trading statements calendar - next 7 days

Thursday 18 April 
AJ Bell PLCTrading Statement
BHP Group LtdTrading Statement
Devolver Digital IncFull Year Results
Dunelm Group PLCTrading Statement
easyJet PLCTrading Statement
Foxtons Group PLCTrading Statement
HydrogenOne Capital Growth PLCFull Year Results
Keystone Law Group PLCFull Year Results
LBG Media PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Rentokil Initial PLCTrading Statement
Segro PLCTrading Statement
Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
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Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
  
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16 Apr 2024 09:32

NextEnergy Solar leverage levels in line with company policy

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12 Apr 2024 07:59

UK banks must prepare for car finance claims, says watchdog

LONDON, April 12 (Reuters) - British lenders have been told by the Financial Conduct Authority (FCA) to ensure they are adequately prepared to meet the potential costs of customer complaints arising from its review into the motor finance industry.

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