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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
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October 16, 2014
06:50 EDTLYGEuropean regulator rejects bonus loophole, NY Times says
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06:45 EDTLYGData says UK banks paid less than 40% to cover mis-selling, Reuters says
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October 10, 2014
09:13 EDTLYGEBA says EU stress test results to be published October 26
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October 6, 2014
07:51 EDTLYGBofA/Merrill European banks analysts hold an analyst/industry conference call
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06:39 EDTLYGLloyds positioned to reduce thousands of staff members, Bloomberg says
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