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Stock Market & Financial Investment News

News Breaks
February 27, 2013
08:22 EDTLYGLloyds pressured to sell branches, Co-op troubles complicate deal, FT says
Lloyds Banking (LYG) remains pressured to sell over 600 of its branches, due to a state imposed deadline and other political factors, but a reported GBP 1B capital hole for prospective buyer the Co-operative Group has complicated the sale, according to Financial Times. Reference Link
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August 28, 2014
06:35 EDTLYGEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone 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

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