Last checked at 19 Apr 2024 07:47
LONDON BRIEFING: Man Group assets up; 888 revenue above outlook
(Alliance News) - London's FTSE 100 is called to open lower on Friday, though oil prices got a boost, on fears of a conflict escalation in the Middle East.
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
News1
LLOY Share
Chat38
LLOY Share
Trades10,545
LLOY
Live RNS3
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:
51.88
Bid:
51.90
Ask:
51.92
Change:
-0.42 (-0.80%)
Spread:
0.02 (0.039%)
Open:
52.68
High:
52.82
Low:
51.72
Prev. Close:
52.30
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Standard Life Aberdeen wins dispute against Lloyds
Tue, 19th Mar 2019 07:52
(Sharecast News) - Standard Life Aberdeen said on Tuesday that a tribunal has ruled in its favour in respect of its investment mandate dispute with Lloyds Banking Group.The company said the tribunal ruled that Lloyds was not entitled to give notice, on 14 February 2018, to terminate investment management agreements in respect of assets managed by members of the Standard Life Aberdeen group."The company is carefully considering the terms of the decision and appropriate next steps," SLA said in a statement. "In the meantime, the company will continue to manage the assets in the best interests of LBG's customers."As at 31 December 2018, the value of the assets under management in respect of these arrangements was around £100bn, and no material amount of assets has since been withdrawn.The assets were formerly managed by Aberdeen on behalf of Lloyds, prior to the merger with Standard Life, after which Lloyds gave notice that it was terminating the agreement early on the basis that the combined Standard Life Aberdeen was now a material competitor to Lloyds.Chief executive Keith Skeoch said: "Now that the arbitration panel has ruled in our favour, we will carefully consider our next steps, working constructively with LBG to bring the matter to resolution." Laith Khalaf, senior analyst at Hargreaves Lansdown, said: "This is a big victory for Standard Life Aberdeen, and a serious setback for Lloyds' new foray into wealth management."While this is relatively low margin business for Standard Life Aberdeen, it's clearly a large sum of money, and against a backdrop of fund outflows, will be particularly well-received. A big part of the rationale for the merger between Standard Life and Aberdeen was built on scale, which £100 billion of assets clearly speaks to."Lloyds has already ear-marked the lion's share of these assets to form the basis of its new joint venture with Schroders, and has also hired Blackrock to manage some passive strategies."Negotiations will now begin between Standard Life and Lloyds to find some sort of resolution. This could involve Standard Life Aberdeen remaining as manager of the assets until 2022, or Lloyds stumping up some cash for breaking the agreement early."We think there could even be a bit of mix and match, where Lloyds pays to release some assets to get its joint venture with Schroders up and running, while leaving some funds with Standard Life Aberdeen. We'll be watching for further details as and when negotiations are concluded."
More News
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.
Read more18 Apr 2024 07:52
Nord Stream insurers say policies did not cover war risks, Kommersant reports
MOSCOW, April 18 (Reuters) - Insurance policies for the Nord Stream gas pipelines damaged by blasts in 2022 did not provide for coverage in the case of war, Kommersant daily reported on Thursday, citing documents filed at London's High Court.
Read more17 Apr 2024 14:00
UK earnings, trading statements calendar - next 7 days
| Thursday 18 April | |
| AJ Bell PLC | Trading Statement |
| BHP Group Ltd | Trading Statement |
| Devolver Digital Inc | Full Year Results |
| Dunelm Group PLC | Trading Statement |
| easyJet PLC | Trading Statement |
| Foxtons Group PLC | Trading Statement |
| HydrogenOne Capital Growth PLC | Full Year Results |
| Keystone Law Group PLC | Full Year Results |
| LBG Media PLC | Full Year Results |
| Pod Point Group Holdings PLC | Full Year Results |
| Rentokil Initial PLC | Trading Statement |
| Segro PLC | Trading Statement |
| Friday 19 April | |
| 888 Holdings PLC | Trading Statement |
| Man Group PLC | Trading Statement |
| Monday 22 April | |
| Brave Bison Group PLC | Full Year Results |
| Elixirr International PLC | Full Year Results |
| Frenkel Topping Group PLC | Full Year Results |
| South32 Ltd | Q3 Results |
| Ten Lifestyle Group PLC | Half Year Results |
| Tuesday 23 April | |
| Alliance Pharma PLC | Full Year Results |
| Alphawave IP Group PLC | Full Year Results |
| Anglo American PLC | Trading Statement |
| ASA International Group PLC | Full Year Results |
| Associated British Foods PLC | Half Year Results |
| Eleco PLC | Full Year Results |
| GB Group PLC | Trading Statement |
| Jupiter Fund Management PLC | Trading Statement |
| Maintel Holdings PLC | Full Year Results |
| Property Franchise Group PLC | Full Year Results |
| Taylor Wimpey PLC | Trading Statement |
| tinyBuild Inc | Full Year Results |
| Trellus Health PLC | Full Year Results |
| Wednesday 24 April | |
| 1Spatial PLC | Full Year Results |
| abrdn PLC | Trading Statement |
| Ecora Resources PLC | Trading Statement |
| Fresnillo PLC | Trading Statement |
| Lloyds Banking Group PLC | Q1 Results |
| Nichols PLC | Trading Statement |
| PensionBee Group PLC | First Quarter Results |
| PZ Cussons PLC | Trading Statement |
| Reckitt Benckiser Group PLC | Trading Statement |
| Sanderson Design Group PLC | Full Year Results |
| Serica Energy PLC | Full Year Results |
| Star Energy Group PLC | Full Year Results |
| Tortilla Mexican Grill PLC | Full Year Results |
| Tracsis PLC | Half Year Results |
| Warpaint London PLC | Full Year Results |
| Comments and questions to newsroom@alliancenews.com | |
| A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
| Copyright 2024 Alliance News Ltd. All Rights Reserved. | |
16 Apr 2024 09:32
NextEnergy Solar leverage levels in line with company policy
(Alliance News) - NextEnergy Solar Fund Ltd on Tuesday announced it had refinanced an existing short-term revolving credit facility.
Read more12 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.
Read more11 Apr 2024 17:13
FTSE 100 edges lower as financials drag
Lok'nStore surges to all-time high after buyout by Shurgard
*Read more11 Apr 2024 16:53
LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets
(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.
Read more11 Apr 2024 14:22
Lloyd's of London inadequate on ESG, report says
LONDON, April 11 (Reuters) - The Lloyd's of London insurance market's environmental, social and governance standards are weak, as its members have exposure to fossil fuel projects and weapons, non-profit ShareAction said in a report on Thursday.
Read more11 Apr 2024 11:50
LONDON MARKET MIDDAY: Europe takes hit on nerves ahead of ECB decision
(Alliance News) - European equities sunk lower at midday on Thursday, with sentiment hurt by hotter-than-expected inflation from the US crushing hopes of interest rate cuts.
Read more11 Apr 2024 00:01
Insurer Lloyd's of London inadequate on ESG, report says
LONDON, April 11 (Reuters) - The Lloyd's of London insurance market's environmental, social and governance standards are weak, as its members have exposure to fossil fuel projects and weapons, non-profit ShareAction said in a report on Thursday.
Read more10 Apr 2024 09:01
LONDON BROKER RATINGS: Exane BNP raises Shell to 'outperform'
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more10 Apr 2024 07:47
LONDON BRIEFING: Stocks called up ahead of US inflation data
(Alliance News) - Stocks in London are called to open higher, as investors shake off nerves ahead of a key US inflation reading.
Read more9 Apr 2024 16:27
Sabadell feels no pressure from British M&A activity to sell TSB
ALICANTE, Spain, April 9 (Reuters) - Sabadell is under no pressure to sell its British TSB business, the Spanish bank's chief executive Cesar Gonzalez Bueno said on Tuesday, despite recent UK sector consolidation.
Read more9 Apr 2024 12:20
PRESS: Barclays mounts challenge to UK car finance ruling - Sky
(Alliance News) - Barclays PLC has launched a legal challenge over a ruling that it unfairly paid commission to a car finance broker, Sky News reported late Monday.
Read more