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Lloyds Banking Group PLC (LLOY.L)

LLOY.L on London Stock Exchange

69.72GBp
21 Feb 2018
Change (% chg)

1.87 (+2.76%)
Prev Close
67.85
Open
69.80
Day's High
70.39
Day's Low
68.57
Volume
311,088,858
Avg. Vol
150,798,261
52-wk High
73.58
52-wk Low
61.81

Latest Key Developments (Source: Significant Developments)

Terra Firma Capital Partners Appoints Vivek Ahuja As CFO
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Terra Firma Capital Partners Ltd [RIC:RIC:TERA.UL]::TERRA FIRMA CAPITAL PARTNERS LTD - ANNOUNCEC APPOINTMENT OF VIVEK AHUJA, FORMER DEPUTY GROUP CFO OF STANDARD CHARTERED, TO ROLE OF GROUP CFO.TERRA FIRMA CAPITAL PARTNERS LTD - HE JOINS TERRA FIRMA FROM LLOYDS BANKING GROUP.  Full Article

Lloyds Banking Group Comments On Bank Of England Stress Test
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Lloyds Banking Group Plc ::BANK OF ENGLAND 2017 STRESS TEST PASSED.‍GROUP IS NOT REQUIRED TO TAKE ANY CAPITAL ACTION AS A RESULT OF THIS STRESS TEST​.‍LLOYDS BANKING GROUP PASSES BANK OF ENGLAND 2017 STRESS TEST​.  Full Article

Lloyds Banking to buy Zurich UK workplace pensions and savings unit
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Lloyds Banking Group Plc ::ACQUISITION OF ZURICH PENSIONS & SAVINGS BUSINESS.‍ENTERED INTO AN AGREEMENT WITH ZURICH TO ACQUIRE ITS UK WORKPLACE PENSIONS AND SAVINGS BUSINESS WITH ASSETS UNDER ADMINISTRATION OF 19 BILLION STG​.‍ACQUISITION IS EXPECTED TO PARTIALLY CLOSE IN Q1 OF 2018​.  Full Article

UK's CMA looks at Lloyd's anticipated purchase of MBNA from Bank of America
Thursday, 16 Mar 2017 

UK's CMA (Competition and Markets Authority):Considering whether anticipated acquisition by Lloyds Banking Group Plc of MBNA Limited has resulted in creation of a relevant merger.  Full Article

Lloyds Banking Group names next chairman of audit committee
Thursday, 16 Mar 2017 

Lloyds Banking Group Plc : Simon Henry, independent non-exec director, will succeed Nick Luff as chairman of audit committee with effect from May 1, 2017 .Luff will remain on board until annual general meeting on May 11, 2017.  Full Article

UK govt cuts stake in Lloyds to below 7 pct
Tuesday, 13 Dec 2016 

Lloyds Banking Group Plc : UK government reduces stake in Lloyds Banking Group to below 7 percent .UK government now holds 6.93 percent of Lloyds shares.  Full Article

Lloyds warns capital generation may be lower in future years
Thursday, 28 Jul 2016 

Lloyds Banking Group Plc : Operating costs 3 per cent lower at £4.0 billion driven by acceleration of cost initiatives. Market-Leading cost:income ratio improved to 47.8 per cent . Outlook for UK economy is uncertain and, while precise impact is dependent upon a number of factors, including eu negotiations and political and economic events, a deceleration of growth seems likely . Impact on group of referendum is dependent on economic and political outcomes which remain uncertain, however we now expect to generate around 160 basis points of cet1 capital in 2016 pre dividend . It is possible that this capital generation may be somewhat lower in future years than previously guided . We expect clarity soon on fca consultation into a proposed time-bar for ppi complaints . In addition, we are targeting a c.30 per cent reduction in our non- branch property portfolio by end of 2018. . Underlying profit of £4.2 billion was 5 per cent lower than same period last year . In 2016 we now expect to generate around 160 basis points of cet1 capital pre dividend, due to impact of eu referendum . No further provision has been taken for ppi . Impaired loans at 30 june 2016 were £9.3 billion, 2.0 per cent of total loans . There was a charge of £460 million to cover a range of conduct issues of which £345 million was recognised in q2..  Full Article

Lloyds Banking Group says $629.8 million of notes tendered
Thursday, 23 Jun 2016 

Lloyds Banking Group Plc :$629.8 million in aggregate principal notes were validly tendered; accepted all notes that were validly tendered.  Full Article

Lloyds Banking Group says UK's court rules in favour of co in bond dispute case
Thursday, 16 Jun 2016 

Lloyds Banking Group Plc : Enhanced capital notes - Supreme Court decision . Court held that a Capital Disqualification Event (CDE), as defined in conditions of ECNS, has occurred .Supreme court has today handed down its decision in respect of interpretation of certain terms of Enhanced Capital Notes (ECNS)and found in group's favour.  Full Article

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Lloyds Banking profit jumps to $7.4 bln but misses estimates

LONDON Lloyds Banking Group reported its highest pre-tax profit since 2006 on Wednesday and announced a share buy-back of up to one billion pounds and 3 billion pounds of strategic investment over the next three years. | Video