-
Lloyds Technology Centre forms part of the Group’s £3 billion strategic investment over the next three years to transform its digital offering, the company said in a statement.
-
Motilal Oswal has reinitiated a buy call on the stock with a target price of Rs 1,580.
-
The Group, which has brands such as Lloyds Bank, Halifax, and Bank of Scotland under its belt, plans to hire 600 people in Hyderabad and open the centre by the end of 2023
-
Makers have planned to launch new models along with a 360-degree campaign, cash backs, easy finance options as zero down payment and long-term EMI schemes.
-
In an interview to CNBC-TV18, Lloyd's Global Chairman, John Nelson said that they will focus on specialist areas in India like B2B and catastrophe risks.
-
Lloyd’s India will act as a domestic reinsurance branch of Lloyd’s with a focus on infrastructure, agriculture and disaster management.
-
Havells India today announced the acquisition of consumer durables business of the Lloyds group at an enterprise value of Rs 1,600 crores on a slump sale basis. Havells plans to finance the debt-free, cash-free deal through a mix of debt and internal accruals.
-
The bank's reported pretax profit was USD 843 million in the September quarter, down from USD 6.1 billion in the same period a year ago, HSBC said in a Hong Kong stock exchange filing on Monday.
-
Lloyds Banking Group plans to axe about 640 jobs, sources close to the matter said on Wednesday, as Britain's largest mortgage lender continues to scale back its branch network and workforce.
-
Parts of Wales, Scotland and south west England lost the most per population between April 2015 and April 2016, according to figures obtained by the BBC.
-
This week alone, Deutsche Bank, UBS and Lloyds revealed mounting legal bills and Dutch agricultural specialist Rabobank became the latest lender to be fined in a global scandal over interest rate rigging with a USD 1.1 billion penalty.
-
Trevor Williams, chief economist, Lloyds, says that in the short term, Greece will continue to remain in Europe and markets will react to it by risk on.
-
Trevor Williams, Chief Economist with Lloyds spoke to CNBC-TV18 ahead of the EU meeting next week. He thinks Greece will be given money in order to save market from turning more negative.
-
The UK taxpayer could lose the entire 66 billion pounds (USD 107 billion) paid to bail out struggling Royal Bank of Scotland (RBS) and Lloyds at the height of the credit crisis, according to a report by an influential group of UK members of parliament (MPs).
-
Trevor Williams, chief economist, Lloyds, says that after Draghi‘s comment bond yields are up almost 30 bps. Although the rate cut of 25 bps, which brings the ECB rates to a record low of 0.75%, is not satisfied to keep the markets satisfied. The markets are more worried after Draghi comment.
-
Lloyds is set to follow rival Royal Bank of Scotland with a hefty 2011 loss, highlighting the difficulty Britain faces in trying to sell the stakes in the two banks it acquired when it bailed them out more than three years ago.
-
Ratings agency Fitch cut the credit score of bailed-out British lenders Lloyds and Royal Bank of Scotland, saying the government had become less likely to give them further financial support.
-
Closing branches during the summer lull and telling staff to cut back on biscuits and book cheap flights: banks have rarely been battling harder to cut costs -- and even the most minor expenses are coming under fire.
-
Royal Bank of Scotland slid to a pretax loss of 678 million pounds (USD1.1 billion) in the second quarter, hit by losses on Greek government bonds and Irish customers still struggling to repay loans.
-
Lloyds is to cut 15,000 jobs and halve its international presence under a radical overhaul by its new chief executive aimed at returning the part-nationalised British bank back to health.
-
Britain's Lloyds Banking Group could cut up to 15,000 jobs as part of a new 1 billion pounds (USD 1.6 billion) cost-saving plan, according to a report in the UK's Sunday Times newspaper.
-
Britain should consider breaking up bailed out lenders Royal Bank of Scotland and Lloyds to boost competition, according to a banker who drove the build-up of RBS.
-
The head of Britain's Office of Fair Trading (OFT) put new pressure on bailed-out banks Lloyds and Royal Bank of Scotland on Thursday, saying authorities were right to examine splitting them up.
-
Britain's bank bonuses row flared into new life on Wednesday as a report the boss of bailed-out British bank Lloyds will take a 2 mn pound (USD 3.12 mn) bonus collided with a government pledge to curb payouts.
