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Stock Market & Financial Investment News

News Breaks
February 5, 2013
06:25 EDTLYGLloyds Banking CEO, chairman grilled by banking commission, The Telegraph says
Lloyds Banking (LYG) CEO Antonio Horta Osorio and Chairman Winfried Bischoff are facing questions on standards of the banking sector, reports The Telegraph. Horta-Osorio said the bank implemented a strategy 18 months ago that helped exit riskier investment banking activities and added that payouts may be curbed this year. It also said the bank will only be 'slightly bigger' than before it acquired Halifax. Reference Link
News For LYG From The Last 14 Days
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September 29, 2014
07:26 EDTLYGLloyds takes disciplinary action following rate rigging investigation
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September 25, 2014
12:20 EDTLYGLloyds Banking to sell 57.5M shares in TSB
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September 22, 2014
06:15 EDTLYGLloyds Banking could still leave Scotland, Daily Mail reports
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September 18, 2014
07:52 EDTLYGUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTLYGEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
September 16, 2014
10:33 EDTLYGHigh option volume stocks
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