New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 10, 2013
06:05 EDTLYGLloyds Banking selling 21% stake in St. James Place
Lloyds Banking Group yesterday announced its intention to sell approximately 109 million ordinary shares in St Jamesís Place plc, representing approximately 21% of St Jamesís Placeís existing issued ordinary share capital, and comprising Lloydsí entire remaining shareholding in the company. On completion of the placing, assuming the sale of a 21% stake, the group will realize a gain on sale of approximately GBP95M. On a pro forma fully loaded CRD IV basis, it is estimated that the placing will increase the groupís common equity tier 1 capital by approximately GBP670M, equivalent to an approximate 24 basis points benefit. Reference Link
News For LYG From The Last 14 Days
Check below for free stories on LYG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 16, 2014
07:25 EDTLYGHitachi gathers $4.5B to finance Scotland-London express trains, Bloomberg says
Hitachi (HTHIY) has gathered $4.5B from an array of international institutions to fund its contract to construct 65 high-speed express trains to use on Britainís East Coast rail line between Scotland and London, according to Bloomberg, citing a company spokeswoman. Some of the lenders include the Bank of Tokyo-Mitsubishi, Japan Bank for International Cooperation, HSBC (HSBC), Lloyds Banking (LYG) and the European Investment Bank. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use