Lloyds Banking Group PLC (LLOY.L)
18 Mar 2019
LONDON A long-awaited probe into what Lloyds Banking Group executives knew about one of Britain's worst ever banking frauds is now not likely to be completed until next year, a source with knowledge of the review said.
* 6 jailed in 2017 for combined 47 years for fraud (Adds bank and lawmaker comments)
LONDON, March 14 A long-awaited probe into what Lloyds Banking Group executives knew about one of Britain's worst ever banking frauds is now not likely to be completed until next year, a source with knowledge of the review said.
LONDON, Mar 1 Lawmakers have criticized a move by Britain's Lloyds Banking Group to impose more expensive and complex overdraft fees on customers only months before a regulatory clampdown.
LONDON, Mar 1 Lawmakers have criticised a move by Britain's Lloyds Banking Group to impose more expensive and complex overdraft fees on customers only months before a regulatory clampdown.
LONDON British business confidence slid in February to its lowest level since June 2016, the month of the Brexit vote, a survey showed on Thursday, adding to other signs that Brexit uncertainty is hurting companies.
LONDON, Feb 25 The top bosses of Britain's biggest banks are paid on average 120 times more than the median pay of their U.K. employees, bank documents have shown, as a new rule puts pay disparities at the country's big businesses under sharper scrutiny.
LONDON (Reuters Breakingviews) - Brexiteers like to describe the 'sunlit uplands' awaiting the nation’s departure from the European Union. Investors in the country’s largest retail bank aren’t so sure. Lloyds Banking Group shares look cheap when weighed against CEO Antonio Horta-Osorio’s plan to hit a 15 percent return on equity. That relies on a steep fall in one-off costs and an easy Brexit.
LONDON Lloyds Banking Group shrugged off mounting concerns over Brexit to unveil a 4 billion pound ($5.2 billion) dividend and share buyback bonanza for investors on Wednesday, despite weaker than expected growth in profits for 2018.
* CEO says UK economy resilient despite Brexit (Adds share price reaction, CEO pay, quotes)