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Stock Market & Financial Investment News

News Breaks
May 27, 2014
06:46 EDTLYGLloyds Banking announces IPO of TSB Banking, NY Times says
Lloyds Banking announced that it would launch an IPO of its TSB Banking Group unit on the London Stock Exchange in June, according to The New York Times. Lloyds plans to initially float about 25% of TSB's shares next month and sell its remaining stake by the end of next year, the newspaper stated. Reference Link
News For LYG From The Last 14 Days
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October 13, 2015
06:54 EDTLYGBoE eyes crushing fears over bank ringfencing rules, FT says
The Bank of England's Prudential Regulation Authority on Thursday will seek to crush fears that the split of retail and banking activities will cause capital to be trapped, the Financial Times reports. Some senior bankers, notably at HSBC (HSBC), have fought new rules that force the largest banks to hive off their consumer lending operations into separately governed and funded entities, the report says. Groups with large investment banking arms, including Barclays (BCS) and HSBC, will be hit harder than others, including Lloyds (LYG) and Santander (SAN), the report says. Reference Link
October 2, 2015
08:40 EDTLYGLloyds Banking to hold a conference call
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