Lloyds Banking Group PLC (LYG.N)
28 Apr 2017
April 28 Britain's FTSE 100 index is seen opening up 1 point at 7,238 on Friday, according to financial bookmakers, with futures up 0.10 percent ahead of the cash market open.
LONDON, April 28 The British government has reduced its holding in Lloyds Banking Group PLC to less than 1 percent, putting the lender on track to be in full private ownership within weeks.
LONDON (Reuters Breakingviews) - Lloyds Banking Group has hit peak Antonio Horta-Osorio. The UK lender’s recovery under its current chief executive has been impressive, however one slices it. But from here, his efforts become relatively less important in driving Lloyds’ returns than what happens to the British economy.
* Shares climb 3.5 pct (Adds share reaction, executive quote)
* Lloyds bank CEO says does not expect any base interest rate increase in 2017 Source text for Eikon: Further company coverage: (Reporting by Lawrence White)
* On track to deliver group financial targets for 2017 with longer term guidance maintained
LONDON Taxpayers have recouped all of the 20.3 billion pounds ($26 billion)invested in the bailout of Lloyds Banking Group during the 2008 financial crisis, Britain's Chancellor of the Exchequer Philip Hammond said on Friday.
* Lloyds appoints lawyer to probe its handling of case (Adds victim statement)
LONDON, April 7 Lloyds Banking Group will set aside about 100 million pounds ($124.51 million) to compensate customers who were victims of a fraud for which six people were jailed earlier this year, it said on Friday.
LONDON Lloyds Banking Group plans to close a further 100 branches resulting in the loss of over 325 jobs, the bank said on Wednesday, as part of a strategy to reduce costs.
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