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Stock Market & Financial Investment News

News Breaks
February 14, 2014
09:07 EDTLYGLloyds in GBP1B tax dispute related to Irish losses, Telegraph says
Lloyds Banking faces a GBP1B tax demand from HMRC related to a dispute over losses the bank took as it wound down its Irish subsidiary, reported The Telegraph. Reference Link
News For LYG From The Last 14 Days
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July 22, 2015
19:14 EDTLYGJudge says Lloyds must release records in HBOS case, Reuters reports
London's High Court of Justice has ruled that Lloyds must disclose any legal advice it received prior to its acquisition of Halifax Bank of Scotland, as part of a GBP350M lawsuit brought by a group of Lloyds investors, Reuters reported earlier. The lawsuit alleges that Lloyds failed to disclose details of financial vulnerability at HBOS prior to seeking shareholder approval, said the report. Reference Link
July 21, 2015
06:08 EDTLYGU.K. watchdog visited Barclays 186 times in 2014, Bloomberg reports
The FCA's supervisory team made 186 visits to Barclays (BCS) in 2014, more than any other British bank that year, Bloomberg reports. HSBC (HSBC) was next highest with 85 visits, with RBS (RBS) and Lloyds (LYG) following with 65 and 58 encounters, respectively, the report says. Reference Link

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