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Stock Market & Financial Investment News

News Breaks
October 2, 2012
06:49 EDTLYGLloyds Banking downgraded to Neutral from Buy at UBS
News For LYG From The Last 14 Days
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March 2, 2015
06:32 EDTLYGLarge EU banks may come under scrutiny for reciprocity, WSJ says
The banking practice of reciprocity -- giving work to competitor banks in order to foster relationships or reward past deals -- may come under investigation by the U.K. Financial Conduct Authority, reports the Wall Street Journal, citing a person familiar with the regulator. The FCA believes the practice may be anticompetitive, but it hasn't yet determined the scope of its investigation into EU banks. Publicly traded companies in the space include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
February 27, 2015
06:16 EDTLYGLloyds Banking to recommend a dividend resumption of 0.75 pence per share
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06:14 EDTLYGLloyds Banking sees FY15 net interest margin to be around 2.55 per cent
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06:12 EDTLYGLloyds Banking reports FY14 underlying profit GBP 7.8B vs. GBP 6.2B last year
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February 25, 2015
09:44 EDTLYGLloyds seeks adjustment of CEO bonus, Sky News says
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February 24, 2015
13:07 EDTLYGEU official: Euro banks shouldn't also go through Fed's stress test, WSJ says
Jonathan Hill, the European Unionís new financial markets chief, told The Wall Street Journal that he does not see a need for the U.S. to give stress tests to European banks that have already received health checks in Europe. Hill says banks across Europe are "properly and sensibly capitalized." The WSJ reported last week that the U.S. units of two European banks, Deutsche Bank (DB) and Banco Santander (SAN), are set to fail the Federal Reserve's stress tests, though they passed ECB stress tests last year. Reference Link
February 23, 2015
06:37 EDTLYGU.K. lowered Lloyds Banking stake, NY Times says
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