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Stock Market & Financial Investment News

News Breaks
July 20, 2013
15:13 EDTLYGU.K. weighing sale of Lloyds Banking Group shares, Bloomberg says
The U.K. government is mulling a sale of 5%-10% of Lloyds Banking Group shares as it looks to reduce its holdings in the bank, Bloomberg says. The sale would be a first step to measure investor appetite for the shares and may happen as soon as September, added Bloomberg. Reference Link
News For LYG From The Last 14 Days
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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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