News For LYG From The Last 14 Days Check below for free stories on LYG the last two weeks.
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February 9, 2010
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| 06:21 EDT |  | LYG |
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February 8, 2010
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| 09:26 EDT | | LYG |
| theflyonthewall.com: | Lloyds to unveil largest ever strategic review, Telegraph reports | | Lloyds (LYG) will reveal plans to strengthen its ties with insurance brokers in a bid to channel more business to its underwriting syndicates and take a leading role in the formation of Solvency II, a framework which will govern insurers based in the European Union from 2012, the Telegraph reports. Reference Link :theflyonthewall.com |
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January 28, 2010
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| 11:13 EDT |  | LYG |
| theflyonthewall.com: | UK banks no longer among world's most stable institutions, S&P says | | The market fell this morning after S&P wrote that it no longer believes that the United Kingdom has one of the most stable and low-risk banking systems in the world. The ratings agency has changed its opinion of the British banking system, due to what it sees as the country's weak economy and the banks' high level of dependence on the government, as well as the damage that has been done to the sector's reputation. S&P analyst Nigel Greenwood said the near-collapse of several British financial institutions had damaged the sector's reputation. British banks' near-term earnings outlook is weak, the analyst added. In late morning trading, Royal Bank of Scotland (RBS) dropped 2.66% to $10.62, while Lloyds Banking (LYG) lost 1.49% to $3.31 and Barclays (BCS) slumped 3.10% to $17.21. :theflyonthewall.com |
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