New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 1, 2012
06:56 EDTLYGLloyds Banking lowers 2012 impairment charge expectations to GBP 6B
Lloyds Banking said it remains confident in achieving its existing guidance, including for the Group banking net interest margin to be around 1.93% for 2012. In addition it now expects the cost base to be close to GBP 10B in 2012, two years ahead of the original plan, a reduction of around GBP 1B since 2010. Lloyds further lowered its guidance for the Groupís full year 2012 impairment charge to approximately GBP 6B, around GBP 1.2B lower than expectations at the beginning of the year. The bank added, "We continue to be successful in achieving reductions that are capital generative. We also expect to reach our long-term loan to deposit ratio target of 100 per cent for the core business in the first quarter of 2013, at the same time as reaching a 120 per cent loan to deposit ratio for the Group. We remain confident of meeting future regulatory capital requirements, and continue to explore with our regulators the benefits of becoming a ring-fenced bank ahead of the regulatory deadline."
News For LYG From The Last 14 Days
Check below for free stories on LYG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 12, 2014
06:48 EDTLYGU.K. bankers worry that Britain could leave EU, NY Times says
Subscribe for More Information
September 11, 2014
06:32 EDTLYGLloyds, RBS to relocate to England if Scots vote yes, Bloomberg says
Subscribe for More Information
September 9, 2014
10:10 EDTLYGOn the Fly: Analyst Upgrade Summary
Subscribe for More Information
08:46 EDTLYGRoyal Bank of Scotland Lloyds should be bought on weakness, says Bernstein
Subscribe for More Information
05:25 EDTLYGLloyds Banking upgraded to Overweight from Neutral at HSBC
Subscribe for More Information
September 8, 2014
09:15 EDTLYGRoyal Bank of Scotland, Lloyds seen failing ECB review, Bloomberg reports
Subscribe for More Information
09:12 EDTLYGOn The Fly: Pre-market Movers
Subscribe for More Information
September 5, 2014
07:18 EDTLYGRegulators drafting flexible 'bail in' bond deal for large banks, Reuters says
Subscribe for More Information
September 3, 2014
07:17 EDTLYGLloyds might relocate to London if Scots aim for independence, Reuters says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use