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Stock Market & Financial Investment News

News Breaks
June 8, 2014
14:45 EDTLYGLloyds Banking prices TSB below book value, Reuters says
Lloyds Banking will price the sale of a 25% stake in its TSB business below book value, says Reuters. Lloyd's is obligated to sell its TSB business by the end of 2015 as a condition of having received government aid during the financial crisis, added Reuters. Reference Link
News For LYG From The Last 14 Days
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February 25, 2015
09:44 EDTLYGLloyds seeks adjustment of CEO bonus, Sky News says
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February 24, 2015
13:07 EDTLYGEU official: Euro banks shouldn't also go through Fed's stress test, WSJ says
Jonathan Hill, the European Unionís new financial markets chief, told The Wall Street Journal that he does not see a need for the U.S. to give stress tests to European banks that have already received health checks in Europe. Hill says banks across Europe are "properly and sensibly capitalized." The WSJ reported last week that the U.S. units of two European banks, Deutsche Bank (DB) and Banco Santander (SAN), are set to fail the Federal Reserve's stress tests, though they passed ECB stress tests last year. Reference Link
February 23, 2015
06:37 EDTLYGU.K. lowered Lloyds Banking stake, NY Times says
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February 19, 2015
14:21 EDTLYGS&P reportedly says Greece contagion not a major risk, Reuters reports
The risk of contagion spreading from Greece to other European countries is not that large, a German newspaper quoted S&P's chief sovereign ratings officer as saying, according to Reuters. The euro zone would be able to handle an exit of the bloc by Greece, the ratings officer was quoted as saying, Reuters reported. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
06:04 EDTLYGFCA to investigate investment and corporate banking
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