Member Info for Darth.Trader

UK's biggest lenders to unveil plans for 'open banking' rollout..
Britain's biggest lenders will this week unveil proposals for a not-for-profit company to oversee the industry's attempt to bolster competition through a system known as 'open banking'.

Sky News has learnt that UK Finance, the sector's principal trade association, will publish a report on Tuesday setting out its plans to comply with a series of requirements imposed by the Competition and Markets Authority (CMA) five years ago.

City sources said the report would be an important step towards entrenching open banking as a permanent feature of the industry landscape.
Known as the CMA9, banks including Barclays, HSBC and NatWest Group were the subject of a CMA order in 2016 following an investigation into the personal current account and SME banking markets.

The watchdog concluded that the UK's biggest banks were not competing hard enough for customers' business and that open banking "should deliver a new, secure option for customers".

In the wake of that order, the nine lenders agreed to pay for the Open Banking Implementation Entity, which oversaw the initial phases of the system's adoption in the UK.
https://news.sky.com/story/uks-biggest-lenders-to-unveil-plans-for-open-banking-rollout-12232569
DYOR

TLF "SB is jot gambling, it's an easy way of trading...DYOR"

So you are still promoting Spread-Betting as an easy way to make monies...but if lloy is such a hot share then why have you not actually purchased any stock and become a Lloy shareholder..?
DYOR

Azzurri,

how many on furlough that will potentially lose the job...?
How many businesses will default on the govt, (estimated 35 -40bn..) will this have a knock on affect on the balance sheet,...? lloyds lions share of the Govt backed loans, so if they cant pay the Govt loan then this will also have an impact on lloyds ...
How will UK prevent new variants from being created by 1 million illegal immigrants resided in the UK, alone, god know how many in other countries....?
DYOR

TLF "SB is jot gambling, it's an easy way of trading...DYOR"

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

So you are still promoting Spread-Betting as an easy way to make monies...but if lloy is such a hot share then why have you not actually purchased any stock and become a Lloy shareholder..?
DYOR

"Central banks need to be prepared to act on inflation moving in either direction, according to former Bank of England Governor Mervyn King"
https://twitter.com/business/status/1366341217659797505

another ne who fell asleep at the wheel....what a genius!
DYOR

TLF, i see you are still promoting gambling 24/7 here using Spread Betting or have you actually purchased any stock and become a Lloy shareholder?

DYOR

2Daman, What are the chances of Govt writing off the "Govt backed loans".?
The banks neglected to enforce proper checks which will come back to huant them, and rightly so.
DYOR

Azzurri "6 million accidental savers created by Covid waiting to go on spending spree"

how many on furlough that will potentially lose the job...?
How many businesses will default on the govt, (estimated 35 -40bn..) will this have a knock on affect on the balance sheet,...? lloyds lions share of the Govt backed loans, so if they cant pay the Govt loan then this will also have an impact on lloyds ...
How will UK prevent new variants from being created by 1 million illegal immigrants resided in the UK, alone, god know how many in other countries....?

DYOR

illegals estimated @ 1million is a massive headache, real concern.

UK Govt will have to offer something up for them ALL to come forward.....

DYOR

Wait until we get a vaccine, this will fly..!
Wait until UK/EU deal, this will fly…!
Wait until dividend is resumed, this will fly..!
Wait until Lockdown III is road map is out, this will fly..!
What Sunak budget 95% Mortgages, this will fly!

I would not rule out the incoming new broom will come in and the only thing that is going fly is crap when it hits the fan…when he announces a Consolidation.

DYOR

AParma.."My guess is some of the share bangers will disappear from here after this goes a couple of pence above 40 from burnt fingers or just feeling its a waste of time"

what are going to apply next, magic cream....?
DYOR

case in England hunted by officials,
Health officials are trying to trace one person in England who has been infected with a concerning variant of coronavirus first found in Brazil.

They are one of six cases of the P1 variant found in the UK in February.

The person did not complete a test registration form so remains unidentified - prompting an appeal for anyone without a result from a test on 12 or 13 February to come forward.

Labour said there had been a lack of a "comprehensive" border system.

The P1 variant was first detected in travellers to Japan from Manaus in northern Brazil in January.

Health Secretary Matt Han**** will hold a meeting later to update MPs from all parties about the variant.
https://www.bbc.co.uk/news/uk-56234302
DYOR

TLF "10 years ago, only one ferrari in the road, now, few of
Them.."

You need to get out of that Kiosk more...
DYOR

TLF stats, lol....
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs.

DYOR

.and when stamp duty holiday eventually ends as will furlough and all other Govt aid, the job loses will continue and the housing market which is seriously over valued will come home to roost.....Wealth Management = Rinse & Repeat...

DYOR

TLF , you are Spread betting, gambling, LLoy therefore you are not an investor.

keep adding to a losing position, doesn't look likely you'll meet your break-even 41.6p....

DYOR

T9Rat ".57p was all they could pay due to PRA guidelines, those guideline will change later this year, and divi will change accordingly"

so it can be revised down, retained...!?
DYOR

They'll probably have a crack at it, in shifts of course......

DYOR

Wealth Management eh.....Quarterly Ord's.
DYOR

as reported Lloy did very well out of the mini housing ((((boom)))) in the last few months, market leader. ...!
"Wealth Management" eh.....

DYOR