LLOY.L - Lloyds Banking Group plc
| Previous close | 62.45 |
| Open | 62.67 |
| Bid | 61.00 x 2429200 |
| Ask | 64.00 x 2154700 |
| Day's range | 62.22 - 62.78 |
| 52-week range | 60.50 - 72.68 |
| Volume | 106,353,990 |
| Avg. volume | 211,663,786 |
| Market cap | 44.485B |
| Beta | 0.12 |
| PE ratio (TTM) | 12.02 |
| EPS (TTM) | 5.20 |
| Earnings date | 1 Aug 2018 |
| Forward dividend & yield | 0.03 (4.88%) |
| Ex-dividend date | 2018-04-19 |
| 1y target est | 76.58 |
Reuters•yesterdayExclusive - Lloyds Bank plans three EU subsidiaries after Brexit: sources
Lloyds Banking Group plans to operate three subsidiaries in continental Europe after Britain leaves the EU, according to a source familiar with the matter, in a sign of how Brexit is fragmenting a banking industry long concentrated in London. Lloyds (LLOY.L), Britain's biggest mortgage lender, was widely expected to manage its continental business from one new subsidiary in Berlin.
- Bloomberg•5 days ago
BlackRock, Schroders Lead on Lloyds $144 Billion Mandate
BlackRock Inc. and Schroders Plc are the frontrunners to oversee about 109 billion pounds ($144 billion) for Lloyds Banking Group Plc, one of the biggest mandates of its kind, people with the knowledge of the process said. Lloyds invited bids for the contract earlier this year after ending an agreement with Standard Life Aberdeen Plc, which currently manages the money. Representatives at Lloyds, BlackRock and Schroders declined to comment.
- Bloomberg•5 days ago
BlackRock, Schroders Are Frontrunners for Lloyds $144 Billion Mandate
BlackRock Inc. and Schroders Plc are the frontrunners to oversee about 109 billion pounds ($144 billion) for Lloyds Banking Group Plc, one of the biggest mandates of its kind, people with the knowledge of the process said. Lloyds invited bids for the contract earlier this year after ending an agreement with Standard Life Aberdeen Plc, which currently manages the money. Lloyds may select a sole winner or decide to split the mandate, the people said.
Reuters•7 days agoUK lenders expect consumer lending to pick up in third quarter - BoE
British lenders expect demand for consumer borrowing to pick up in the third quarter, a Bank of England survey showed on Thursday, echoing signs of a broader recovery in the economy after a slow start to 2018. The BoE, which has been urging banks to avoid risks in their lending to households, also reported lenders intend to keep supply of mortgage lending broadly steady over the next few months. Earlier on Thursday the Royal Institution of Chartered Surveyors said British house prices remained flat in June and the market was likely to stay sluggish in the coming months despite more properties being put up for sale.
- Reuters - UK Focus•7 days ago
Sainsbury's defends new chairman from criticism over Lloyds role
Sainsbury (Amsterdam: SJ6.AS - news) 's, the British grocer that has agreed to buy rival Asda, has defended its new chairman, dismissing a shareholder's suggestion that he might be tainted by a failed takeover deal during his time at Lloyds Banking Group. Britain's second largest supermarket group said on Wednesday Martin Scicluna would join its board as chairman-designate on Nov. 1 and succeed David Tyler as non-executive chairman in March 2019 or soon after. Tyler has held the role since 2009.
- Reuters•8 days ago
UK watchdog warns financial firms over Big Data
Britain's banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on Wednesday. Financial firms have been using Big Data on customers, which can include social media use, for example to price motor or health insurance more accurately. The use of Big Data requires good communication so that consumers understand and accept a firm's approach to using their data and don't end up being "disenfranchised", Randell said.
- Reuters - UK Focus•9 days ago
LIVE MARKETS-UK Foreign Secretary resignation dents sterling, fuels FTSE
* European shares set for 5 straight day of gains * Britain's Brexit, Foreign secretaries resign: FTSE up, pound down * Wall Street opens higher July 9 - Welcome to the home for real-time coverage of European ...
- The Telegraph•9 days ago
Co-op Bank names Andrew Bester its fifth boss in seven years
Co-op Bank names Andrew Bester its fifth boss in seven years
- Reuters - UK Focus•9 days ago
LIVE MARKETS-Planning a defensive summer?
* European shares set for 5 straight day of gains * Brexit, Foreign secretaries resign: FTSE up, pound down * Wall Street opens higher July 9 - Welcome to the home for real-time coverage of European equity ...
- Reuters - UK Focus•9 days ago
LIVE MARKETS-World Cup: it's coming home to EU
* European shares set for 5 straight day of gains * Brexit, Foreign secretaries resigns, FTSE up, pound down * Wall Street opens higher July 9 - Welcome to the home for real-time coverage of European equity ...
- Reuters - UK Focus•9 days ago
LIVE MARKETS-Will trade disputes hit earnings in Q2? Not yet
* European shares set for 5 straight day of gains * Brexit secretary Davis resigns, FTSE up * Wall Street opens higher July 9 - Welcome to the home for real-time coverage of European equity markets brought ...
- Reuters - UK Focus•9 days ago
LIVE MARKETS-Earnings season: commodities and FX in the driving seat
* European shares set for 5 straight day of gains * Brexit secretary Davis resigns, FTSE up * Wall Street opens higher July 9 - Welcome to the home for real-time coverage of European equity markets brought ...
- Reuters - UK Focus•9 days ago
LIVE MARKETS-Trade war shopping
* European shares set for 5 straight day of gains * Brexit secretary Davis resigns, FTSE up * Asian stocks rally on U.S. jobs relief July 9 - Welcome to the home for real-time coverage of European equity ...
- Reuters - UK Focus•9 days ago
LIVE MARKETS-Midday snapshot: DAX loses steam
* European shares set for 5 straight day of gains * Brexit secretary Davis resigns, FTSE up * Asian stocks rally on U.S. jobs relief July 9 - Welcome to the home for real-time coverage of European equity ...
- Reuters - UK Focus•10 days ago
LIVE MARKETS-A tough summer ahead for banks
* European shares set for 5 straight day of gains * Brexit secretary Davis resigns, FTSE up * Asian stocks rally on U.S. jobs relief Welcome to the home for real-time coverage of European equity markets ...
Reuters•10 days agoCo-operative Bank hires new CEO from Lloyds
Britain's Co-operative Bank on Monday named Lloyds Banking Group (LLOY.L) executive Andrew Bester as its new CEO, as it strives to return to sustainable profitability following its $900 million rescue by U.S. hedge fund creditors last year. Bester will replace Liam Coleman, who announced his resignation in June after less than 18 months in the job, having overseen the bank's restructuring and recapitalisation. Co-op Bank needed to be rescued after its capital base dipped to levels unacceptable to Britain's financial regulators as it grappled with restructuring costs and weak income.
- Reuters - UK Focus•10 days ago
Britain's Co-operative Bank hires new CEO from Lloyds
Britain's Co-operative Bank said on Monday it had appointed Andrew Bester as its new chief executive officer, following the resignation of Liam Coleman after less than two years in the job. Bester joins ...
Reuters•14 days agoUK banks told to show their backup plans for tech shutdowns
British banks and other financial services firms were given three months on Thursday to explain how they can avoid damaging IT breakdowns and respond to the growing threat of cyber attacks. With technology-related disruption on the rise in the sector, the Bank of England and the Financial Conduct Authority told financial services firms to report back by Oct. 5 on their exposure to risks and how they would respond to outages. "Operational disruption can impact financial stability, threaten the viability of individual firms and financial market infrastructures, or cause harm to consumers and other market participants in the financial system," FCA Chief Executive Andrew Bailey and BoE Deputy Governor Jon Cunliffe said in a joint statement.
- Reuters•14 days ago
Britain's Lloyds offers $100 million so far to HBOS fraud victims
Lloyds Banking Group (LLOY.L) has made compensation offers worth 76 million pounds ($100.46 million) to victims of a fraud at its HBOS Reading unit, lawmakers said on Thursday. 170 former directors of companies impacted by the fraud have so far been offered compensation, of whom 134 have accepted, Russel Griggs, who is overseeing the bank's compensation process, said in a letter published by lawmakers on Thursday. The compensation shows how Lloyds is still suffering from past misconduct, a decade on from the financial crisis and as its Chief Executive Antonio Horta-Osorio attempts to turn investors and customers' focus from past misdeeds to the bank's new strategy.
Reuters•14 days agoLloyds offers £76 million so far to HBOS fraud victims
Lloyds Banking Group (LLOY.L) has made compensation offers worth 76 million pounds to victims of a fraud at its HBOS Reading unit, lawmakers said on Thursday. 170 former directors of companies impacted by the fraud have so far been offered compensation, of whom 134 have accepted, Russel Griggs, who is overseeing the bank's compensation process, said in a letter published by lawmakers on Thursday. The compensation shows how Lloyds is still suffering from past misconduct, a decade on from the financial crisis and as its Chief Executive Antonio Horta-Osorio attempts to turn investors and customers' focus from past misdeeds to the bank's new strategy.
- Reuters - UK Focus•14 days ago
Britain's Lloyds offers $100 million so far to HBOS fraud victims
Lloyds Banking Group has made compensation offers worth 76 million pounds ($100.46 million) to victims of a fraud at its HBOS Reading unit, lawmakers said on Thursday. 170 former directors of companies impacted by the fraud have so far been offered compensation, of whom 134 have accepted, Russel Griggs, who is overseeing the bank's compensation process, said in a letter published by lawmakers on Thursday. The compensation shows how Lloyds is still suffering from past misconduct, a decade on from the financial crisis and as its Chief Executive Antonio Horta-Osorio attempts to turn investors and customers' focus from past misdeeds to the bank's new strategy.
- The Telegraph•14 days ago
Lloyds agrees to give MPs report into what it knew about HBOS Reading fraud
Lloyds agrees to give MPs report into what it knew about HBOS Reading fraud
Reuters•14 days agoBritain's anti-fraud body closes investigation into rate rigging at Lloyds
More than a dozen employees at Lloyds Banking Group (LLOY.L) will be spared criminal trial for their part in the alleged rigging of the Libor benchmark, after Britain's Serious Fraud Office (SFO) closed its investigation due to lack of evidence. "Having thoroughly investigated and having reviewed the information available to it, the SFO has concluded there was insufficient evidence to take the matter further in respect of these individuals and banks," the SFO said in a statement on Wednesday. Lloyds declined to comment.
- Reuters - UK Focus•14 days ago
Britain's anti-fraud body closes investigation into rate rigging at Lloyds
More than a dozen employees at Lloyds Banking Group will be spared criminal trial for their part in the alleged rigging of the Libor benchmark, after Britain's Serious Fraud Office (SFO) closed its investigation due to lack of evidence. "Having thoroughly investigated and having reviewed the information available to it, the SFO has concluded there was insufficient evidence to take the matter further in respect of these individuals and banks," the SFO said in a statement on Wednesday. Lloyds declined to comment.
- Reuters•15 days ago
Bank of England says no big changes to bank regulation on horizon
British banks should not expect further major changes to capital or liquidity requirements now that the bulk of the Basel III reforms agreed after the financial crisis have been implemented, a Bank of England regulator said on Wednesday. Vicky Saporta, the BoE's executive director for prudential policy, said the central bank's focus in future would be on new risks, or unintended consequences of existing regulation. "The finalisation of Basel III signals that the wave of regulatory reform following the Global Financial Crisis is now over.
