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Stock Market & Financial Investment News

News Breaks
February 12, 2014
07:42 EDTLYGLloyds approved to pay GBP395M in bonuses, Sky News reports
Lloyds reached a deal with UK Financial Investments, which manages taxpayers' stake in the bank, to allow the payment of about GBP395M in bonuses, which is up about 10% from last year, according to Sky News. Reference Link
News For LYG From The Last 14 Days
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May 26, 2015
07:28 EDTLYGLloyds private equity arm to invest GBP 1.2B in UK businesses, Telegraph says
Lloyds Banking's private equity arm, LDC, will invest GBP 1.2B in "Mittelstand" business in the UK over the next few years, reports the Telegraph, citing Chris Hurley, joint chief executive of LDC. Reference Link
May 15, 2015
10:25 EDTLYGBritain could extend trading plan to sell more Lloyds shares, Reuters reports
According to sources, Britain may extend a trading plan to sell more shares in Lloyds beyond the current June deadline, Reuters reports. The British government's stake now stands at 19.9%, down from 24.9%, through the plan, and the sources say an extension could help the government return Lloyds fully to private ownership within the next year. Reference Link
May 12, 2015
18:18 EDTLYGU.K. cuts stake in Lloyds to sub-20%, BBC says
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