New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 8, 2012
09:53 EDTLYGLloyds Banking outlook lowered to negative from stable by S&P
Standard & Poor's Ratings noted Lloyds has recently announced a further GBP1B provision in relation to payment protection insurance, bringing the cumulative provision over the past two years to about GBP5.3B. S&P said, "This charge, together with other exceptional items, negatively affects our assessment of Lloyds' capital and earnings. As a result, we are less likely to revise this assessment to "adequate" from "moderate" over the next 12 months. We are therefore revising our outlook on the long-term rating on Lloyds to negative from stable. We are also affirming our 'A/A-1' ratings on Lloyds."
News For LYG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 19, 2014
07:37 EDTLYGCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 18, 2014
06:34 EDTLYGDraghi sees positive signs in euro zone, NY Times reports
Subscribe for More Information
November 13, 2014
08:45 EDTLYGLloyds Banking seen cutting 1,250 insurance jobs, Guardian reports
Subscribe for More Information
November 12, 2014
08:18 EDTLYGUBS to hold a conference
Subscribe for More Information
November 10, 2014
16:07 EDTLYGUBS to hold a conference
UBS European Conference is being held in London, England on November 11-12.
06:46 EDTLYGRegulators set new capital buffer rule for banks, Reuters reports
Global banks should have buffers of bonds or equity worth 16%-20% of their risk-weighted assets, beginning in January 2019, The Financial Stability Board decided, according to Reuters. The board said the buffer would prevent the need for government bailouts, the news service explained. Publicly traded global banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) Wells Fargo (WFC), 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

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