Lloyds chooses Berlin for post-Brexit
The English Bank has chosen the German capital because it is already present here with an operating office that previously belonged to the Bank of Scotland, now incorporated into the group.
Royal Bank of Scotland fails stress tests
They were the most stringent tests ever carried out by the Bank of England - Among other banks, problems also for Barclays and Standard Chartered - HSBC, Lloyds, Nationwide and Santander UK passed with flying colors
GB: State exits Lloyds within the year
The UK Treasury has further reduced its stake in the Bank's capital bailed out during the financial crisis to below 13% - the remaining shares will be sold in the coming months.
British banks: HSBC profits -15% in 2014, the London government sells 1% Lloyds
New apologies for the Swissleaks scandal and the Falciani list - Meanwhile, the London Executive recovers another 500 million pounds after the 2008 mega-bailout.
BoE stress test: 7 out of 8 promoted banks, barring the big ones
No problem for HSBC and Barclays - Royal Bank of Scotland and Lloyds pass the measurement test - The only institution rejected is Cooperative Bank.
Libor: Lloyd also fined for 370 million
The long queue of banks surrendering to plea deals with the American authorities continues. The last on the list is the British Lloyd bank guilty, like Barclays, Rbs and Ubs, of having manipulated interest rates, Libor above all, to be more solid…
Lloyds Banking Group: UK government sells 6% for 3,8 billion euro
After the operation, which paves the way for the re-privatization of the banks saved by the state at the height of the financial crisis, the public stake in Lloyds Banking Group drops from 38,7% to 32,7%.
Bank of England: 4 British banks need 27,1 billion pounds
It is the sum that remains to be found in order to respect a ratio of 7% of solid own funds - Lloyds Banking Group must raise capital for another seven billion, more than double compared to the nationalized Rbs (3,2 billion) - Less heavy…
Lloyds: sold US subprime mortgage portfolio for 3,3 billion pounds
The British group has sold a portfolio of US subprime mortgages for a figure of 3,3 billion pounds, obtaining a gross capital gain of around 540 million - Among the buyers also Goldman Sachs.
Lloyds Banking Group, losses halved in 2012
Despite the negative result, the Bank of which the British state holds 39% has decided to award a bonus of 1,485 million pounds in shares to its general manager Antonio Horta-Osorio.
UK banks, another sting on derivatives
HSBC, Barclays, Lloyds and Royal bank of Scotland risk having to compensate all the small and medium-sized enterprises to which they have sold derivatives to hedge interest rate risks - According to the FSA (the British Consob), 90% of…
Gb, the State risks losing 66bn to Rbs and Lloyds bailouts
The alarm was sounded by the Finance Commission of the British Parliament, which also recalled the government's mistakes in the dramatic attempt to save Northern Rock in 2007-2008.
Libor: Lloyds on the list of "guilty" banks; Geithner struggles to defend himself in Congress
Yesterday in Congress, former Federal Reserve Chairman and current US Treasury Secretary Geithner attempted to defend his position in the Libor case. But another British bank has come under investigation: Lloyds Banking Group.
The British group Lloyds loses 4 billion pounds in the first 9 months and will be forced to review its targets
In the first nine months of 2011, the British banking group recorded a loss of 3,86 billion pounds, of which 607 million in the last quarter. The achievement of some targets should be postponed, even if the estimates remain in line…