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Stock Market & Financial Investment News

News Breaks
July 25, 2014
06:03 EDTLYGLloyds confirms late stage settlement discussions with agencies
Lloyds Banking Group notes the recent media coverage regarding potential settlements with a number of government agencies and their investigations into submissions, communications and procedures around the setting of Interbank Offered Rates and other benchmarks. LBG confirms that it is in late-stage settlement discussions with a number of agencies. The settlements remain to be agreed and LBG expects they will include the payment of penalties. LBG will update the market on these issues as appropriate.
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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