Financial stocks were also mostly lower, as Lloyds Banking (LONDON:LLOY) slid 0.32% and HSBC Holdings (LONDON:HSBA) declined 0.38%, while the Royal Bank of Scotland (LONDON:RBS) dropped 0.60%. Barclays (LONDON:BARC) overperformed on the other hand, up 0.28%.
5.58 PM Jul 4th 2014
inancial stocks also remained mostly lower, as HSBC Holdings (LONDON:HSBA) edged down 0.18% and Lloyds Banking (LONDON:LLOY) dropped 0.52%, while the Royal Bank of Scotland (LONDON:RBS) retreated 0.84%. Barclays (LONDON:BARC) continued to overperform on the other hand, up 0.33%.
5.01 PM Jul 4th 2014
In the financial sector, stocks were mixed. Shares in the Royal Bank of Scotland (LONDON:RBS) edged up 0.15% and Lloyds Banking (LONDON:LLOY) added 0.21%, while Barclays (LONDON:BARC) and HSBC Holdings (LONDON:HSBA) dipped 0.02% and 0.04%. In the U.S., equity markets pointed to a steady. The Dow
3.13 PM May 23rd 2014
Source:BBC - The Co-operative Bank has confirmed it made a loss of £1.3bn for 2013. The losses, in line with expectations, come after the bank`s failed bid to buy 632 branches from Lloyds Bank last year. The deal collapsed after the discovery of a £1.5bn black hole in the Co-op Bank`s balance sheet.
11.15 AM Apr 12th 2014
Source:BBC - The government has sold a second block of its shares in Lloyds Banking Group overnight raising £4.2bn. Lloyds shares fell almost 5% on Wednesday, falling to below 75.5p, the price at which the 7.8% block was sold. The sale cuts the government`s holding in the bank to 24.9%, down from
2.40 PM Mar 27th 2014
Source:BBC - Lloyds Banking Group and Barclays have both cited the Scottish independence referendum as a potential risk to their businesses. In their annual reports, the banks listed the referendum alongside a raft of other perceived risks from the UK, Europe and across the world. Finance Secretary
5.20 PM Mar 6th 2014
Source:BBC - Two UK banks are handing out massive share awards to senior executives amid EU limits on bonuses. In their annual reports, Barclays and Lloyds Banking Group said they will pay their chief executives nearly £1m each in shares this year on top of their salaries and bonuses. The move
5.18 PM Mar 6th 2014