|Bid||66.04 x 2429200|
|Ask||66.05 x 2154700|
|Day's range||65.58 - 66.79|
|52-week range||49.51 - 67.46|
|Beta (3Y monthly)||0.36|
|PE ratio (TTM)||11.98|
|Forward dividend & yield||0.03 (5.17%)|
|1y target est||75.37|
The blue-chip index ended a lacklustre session about flat, lagging its European peers, while the FTSE 250 held on to its six-month high with a 0.5 percent rise as a stronger pound also aided. The pound's gains followed upbeat comments from Britain's foreign minister Jeremy Hunt on talks between the government and the opposition Labour Party to find a consensus over Brexit.
(Reuters) - Britain's main index lost ground on Monday as miners and oil majors fell, more than offsetting gains in bank stocks. The FTSE 100 was 0.2 percent lower, lagging its European and Asian counterparts, ...
If you want to beat the FTSE 100 (INDEXFTSE: UKX) this year, Lloyds Banking Group plc (LON: LLOY) is the way to go, says Rupert Hargreaves.
The FTSE 100 was down 0.1 percent, with losses led by several stocks trading ex-dividend, while the FTSE 250 added 0.7 percent. Dublin's main index, considered a measure of Brexit sentiment, jumped 0.6 percent. The European Union granted Britain a six-month extension to leave the bloc, averting a disorderly exit on Friday and giving Prime Minister Theresa May more time to break the Brexit deadlock at home.
The FTSE 100 dipped 0.2 percent, well off a six-month high it held in the last two sessions, while the midcaps lost 0.3 percent. Highlighting the brunt of the Brexit-related hit to financial markets, Britain has lost 6.6 billion pounds in economic activity every quarter since it voted to leave the EU, according to S&P Global Ratings. The main index was weighed down by steep losses in financials Lloyds, Direct Line and St James's Place, which traded ex-dividend.
Royston Wild explains why FTSE 100 (INDEXFTSE: UKX) shares Lloyds Banking Group plc (LON: LLOY), Royal Bank of Scotland Group plc (LON: RBS) and Barclays plc (LON: BARC) aren't worth the risk.
Harvey Jones says the income on offer from Lloyds Banking Group plc (LON: LLOY) could help you put your State Pension worries behind you.
Indexes in London and Frankfurt were steady, while Paris slipped 0.1 percent. Bank stocks rallied 0.8 percent after the European Central Bank said it could further delay an interest rate hikes and may look at measures to mitigate the side-effects of sub-zero rates. Sources told Reuters the measured could include a so-called tiered deposit rate that would exempt banks in part from paying the ECB's 0.40 percent annual charge on excess reserves, an din turn boost their profits.
The FTSE 100 edged 0.1 percent higher and the FTSE 250, which is more domestically focussed, was up by 0.6 percent at 0940 GMT. Barclays, Royal Bank of Scotland and Lloyds were all higher with CMC Markets analyst Michael Hewson attributing gains to hopes that MPs could agree a possible next course of action which could lead to a softer Brexit. Prime Minister Theresa May is also set to address her Conservative MPs, possibly to set out a timetable for her departure to win parliamentary support for her controversial Brexit deal after being heavily defeated twice in parliament.
Schroders Personal Wealth, a planned joint venture between asset manager Schroders and Lloyds Banking Group, announced its management team on Tuesday. Schroders and Lloyds said they were teaming up on the project in October last year, and at the time said it would be led by Schroders' co-head of intermediary, James Rainbow.
Britain's markets watchdog proposed changes on Tuesday to help banks unlock 30,000 "mortgage prisoners" trapped in poor deals since lending conditions were tightened after the financial crisis. The Financial Conduct Authority said the market was generally working well, but there were "considerable opportunities" to make it easier for borrowers to hunt for the best deals. "We do not believe that the mortgages market requires an intervention on pricing," the FCA said in final conclusions of its review of Britain's trillion-pound mortgage market, started in December 2016.
Royston Wild considers whether Lloyds Banking Group plc (LON: LLOY) is a great buy following recent Brexit developments.
Lloyds Banking Group plc's (LON: LLOY) share price is up over 20% this year. Edward Sheldon explains why he still rates the stock as a 'buy'.
The FTSE 100 bounced 0.9 percent, comfortably outperforming its European peers, as the pound dipped amid growing concern that a no-deal Brexit would become a reality. Many large UK-listed firms earn the bulk of their income abroad in foreign currencies and their shares benefit from a falling pound. The midcap FTSE 250, more domestically focussed, was 0.2 percent lower.
The Lloyds Banking Group plc (LON: LLOY) share price has started well in 2019, but is this just the start of a long recovery?
Lloyds Banking Group has axed a lucrative pay scheme for its private equity bosses following huge windfalls triggered by the controversial sale of Birmingham's NEC exhibition venue. Sky News can reveal that Lloyds' board has scrapped a deal-by-deal compensation structure for managers at LDC, one of the UK's most active private equity investors. The decision to abolish a co-investment scheme comes months after LDC's top two executives - chief executive Martin Draper and chief portfolio officer Chris Hurley - shared a combined windfall said to have been worth more than £40m from the NEC Group sale to Blackstone.
LONDON--(BUSINESSWIRE)-- Re: Lloyds Banking Group plc. EUR 1,000,000,000.00 MATURING: 21-Jun-2024 ISIN: XS1633845158 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 21-Mar-2019 TO ...
It has felt at times as if little has gone right for Standard Life and Aberdeen Asset Management since they announced in March 2017 that they were merging. There was also unhappiness that the enlarged business would have joint chief executives: Keith Skeoch from Standard Life and Martin Gilbert from Aberdeen. The combined Standard Life Aberdeen (SLA) suffered a net outflow of £32.9bn for 2017 as a whole, as investors pulled their money out, with a further £40.9bn going out of the door in 2018.
About a year ago, Lloyds announced it was pulling 109 billion pounds ($145 billion) of assets that SLA managed on behalf of Lloyds’s Scottish Widows unit, saying the 2017 merger of Standard Life and Aberdeen created a “material” competitor to the lender’s own insurance business. The balance of the funds is pledged to BlackRock Inc.
PLC (LLOY.LN) said Tuesday that it will work with Standard Life Aberdeen PLC (SLA.LN) after losing a tribunal decision over the transfer of 100 billion pounds ($133 billion) in assets to rival fund managers.
Standard Life Aberdeen said it has won a legal battle to stop Lloyds cancelling a £100 billion investment management contract early, a decision which could cost the bank hundreds of millions of pounds in extra fees. Lloyds had argued the £11-billion merger of Standard Life and Aberdeen Asset Management to form SLA in 2017 allowed it to end Aberdeen's 2014 contract to manage a large slice of its pension assets because it considered insurer Standard Life as a "material competitor".
Standard Life Aberdeen said it has won a legal battle to stop Lloyds cancelling a 100 billion pound ($133 billion) investment management contract early, a decision which could cost the bank hundreds of millions of pounds in extra fees. Lloyds had argued the 11 billion pound merger of Standard Life and Aberdeen Asset Management to form SLA in 2017 allowed it to end Aberdeen's 2014 contract to manage a large slice of its pension assets because it considered insurer Standard Life as a "material competitor".