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Tag: Lloyds Banking Group

Banks update on performance

Lloyds posts robust quarter as Barclays sees off rebel

Lloyds Banking Group
Lloyds: strong financial returns (pic: Terry Murden)   Lloyds Banking Group reported a robust 8% rise in underlying profit of £2.2 billion for the first quarter, beating expectations and drivenRead More

Misses analysts' forecasts

Profits up 24% at Lloyds Bank, unveils higher dividend

Lloyds Banking Group
Lloyds has made a further PPI provision (pic: Terry Murden) Profits after tax at Lloyds Banking Group rose 24% to £4.4bn in 2018, weaker than analysts’ expectations of £4.6bn, althoughRead More

TV star seeking compensation

Noel Edmonds ready to file £64m Lloyds Bank lawsuit

TV and radio celebrity Noel Edmonds is this week expected to serve his £64 million lawsuit against Lloyds Bank. Mr Edmonds, who has pledged to donate a large part ofRead More

6,000 to go, 8,000 created

Lloyds confirms 2,000 new roles in digital banking revamp

Lloyds Banking Group
Banks are reorganising to reflect changes in the industry (pic: Terry Murden)   Update: Lloyds Banking Group has confirmed that it is cutting 6,240 jobs and creating 8,240 new rolesRead More

Bank updates

Lloyds beats forecast despite profits slide

Lloyds Banking Group
Performing well: Lloyds CEO said the bank is delivering benefits (pic: Terry Murden) Lloyds Bank suffered a slip in profits in the third quarter although it beat analysts expectations InRead More

Standard Life Aberdeen loses assets

Lloyds and Schroders unveil wealth management JV

Scottish Widows
Widows assets under new management (pic: Terry Murden)   Lloyds Banking Group and Schroders have confirmed the merger of their wealth management businesses and the transfer of a £67 billionRead More

TV star takes bank to court

Edmonds ready to lodge £64m Lloyds legal action

TV personality Noel Edmonds is expected to file his £64 million legal case against Lloyds Banking Group within weeks

Claims still pouring in

Lloyds still burdened by PPI as profits soar

Lloyds Banking Group
Lloyds Banking Group has reported a jump in pre-tax profits but continues to be burdened by the mis-selling of PPI..

IT glitch at bank

Lloyds hit by payment ‘difficulties’

Lloyds Banking Group
Lloyds Banking Group has been hit with an IT glitch which has affected some of its payment systems.

Decision on fund in Q3

Widows’ £109bn mandate narrows to two managers

Scottish Widows
BlackRock and Schroders have emerged as frontrunners to manage take on the key mandate which Lloyds Banking Group