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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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November 19, 2014
07:37 EDTLYGCitigroup to hold a conference
Global Financial Conference is being held in Singapore on November 19-20.
November 18, 2014
06:34 EDTLYGDraghi sees positive signs in euro zone, NY Times reports
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November 13, 2014
08:45 EDTLYGLloyds Banking seen cutting 1,250 insurance jobs, Guardian reports
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November 12, 2014
08:18 EDTLYGUBS to hold a conference
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November 10, 2014
16:07 EDTLYGUBS to hold a conference
UBS European Conference is being held in London, England on November 11-12.
06:46 EDTLYGRegulators set new capital buffer rule for banks, Reuters reports
Global banks should have buffers of bonds or equity worth 16%-20% of their risk-weighted assets, beginning in January 2019, The Financial Stability Board decided, according to Reuters. The board said the buffer would prevent the need for government bailouts, the news service explained. Publicly traded global banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) Wells Fargo (WFC), 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

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