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Stock Market & Financial Investment News

News Breaks
January 22, 2014
06:46 EDTLYG, RBSU.K. bankers want Britain to pressure EU more, Reuters says
An association of British bankers urged the U.K. to forge closer ties with the EU, according to Reuters. The association also pushed London to devote more resources to pressuring the EU's government on financial and economic issues, according to Reuters. Reference Link
News For RBS;LYG From The Last 14 Days
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July 30, 2015
06:53 EDTRBSRBS reports 1H operating profit GBP5629M vs. GBP2.87B last year
Reports 1H operating profit before tax GBP293M, which includes GBP1.05B of restructuring costs. Reports CET1 12.3% and Tier 1 12.3%.
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
18:18 EDTRBSRBS hires advisers to investigate treatment of small businesses, Reuters says
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July 21, 2015
06:08 EDTLYG, RBSU.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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