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Stock Market & Financial Investment News

News Breaks
January 21, 2014
06:46 EDTLYG, RBSSurvey shows U.K. financial services firms more optimistic, NY Times reports
Sixty-nine percent of British financial services firms said they felt more optimistic about the business environment, a survey conducted by PricewaterhouseCoopers and the Confederation of British Industry found, according to The New York Times. The results were the best since 1989, when the survey was launched, the newspaper added. Reference Link
News For LYG;RBS From The Last 14 Days
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July 22, 2015
19:14 EDTLYGJudge says Lloyds must release records in HBOS case, Reuters reports
London's High Court of Justice has ruled that Lloyds must disclose any legal advice it received prior to its acquisition of Halifax Bank of Scotland, as part of a GBP350M lawsuit brought by a group of Lloyds investors, Reuters reported earlier. The lawsuit alleges that Lloyds failed to disclose details of financial vulnerability at HBOS prior to seeking shareholder approval, said the report. Reference Link
18:18 EDTRBSRBS hires advisers to investigate treatment of small businesses, Reuters says
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July 21, 2015
06:08 EDTLYG, RBSU.K. watchdog visited Barclays 186 times in 2014, Bloomberg reports
The FCA's supervisory team made 186 visits to Barclays (BCS) in 2014, more than any other British bank that year, Bloomberg reports. HSBC (HSBC) was next highest with 85 visits, with RBS (RBS) and Lloyds (LYG) following with 65 and 58 encounters, respectively, the report says. Reference Link

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