LONDON (Reuters) - Lloyds Banking Group said on Wednesday that it would be able to meet new capital requirements without having to issue new equity or contingent capital, after Britain's financial regulator updated the bank on its position. Lloy... [Full Article]
By Matt Scuffham LONDON (Reuters) - Shares in state-backed Lloyds Banking Group rose above the level which the government sees as its break-even price after its 20.5 billion pound rescue of the bank, raising hopes of a sale this year. Lloyds shares, ... [Full Article]
By Matt Scuffham LONDON (Reuters) - State-backed Lloyds Banking Group is cutting another 850 jobs to reduce costs, bringing the total number of jobs axed by the British bank since its 2008 bailout to around 35,000. Lloyds, 39 percent owned by the Bri... [Full Article]
(Reuters) - Lloyds Banking Group's planned sale of over 600 bank branches to the Co-operative Group has collapsed after the latter decided it could not proceed with the 750-million-pound deal, the Financial Times reported on Wednesday, citing tw... [Full Article]
By Matt Scuffham LONDON (Reuters) - Britain's biggest retail bank Lloyds said on Monday it was on course to beat its own target of lending 1 billion pounds to UK manufacturers before September 2013. Lloyds, which is 39 percent owned by the Briti... [Full Article]
(Reuters) - Goldman Sachs Group Inc is due to name new partners on Wednesday, but the benefits of receiving the title are not what they used to be. Goldman is the only major Wall Street bank to retain this relic from its private partnership days, whe... [Full Article]
LONDON (Reuters) - Lloyds Banking Group is expected to say the cost of compensating customers mis-sold loan insurance will be far higher than previously thought when it reports third-quarter results on Thursday. Britain's biggest retail bank has... [Full Article]
LONDON (Reuters) - The chief executive of Britain's biggest retail bank Lloyds has joined calls for a radical change within the industry, saying it must make a break with the culture of the past in order to restore the trust of customers. UK ban... [Full Article]
The United States clinched a 2-1 victory over Japan in the Olympic women's final on Thursday as Carli Lloyd's double gave her country a third successive gold medal and avenged last year's World Cup final defeat against the Asian giants... [Full Article]
Lloyds bank said Thursday that it cut interim net losses on the back of restructuring measures, but set aside more cash to compensate customers who were mis-sold insurance. (Source: AFP)... [Full Article]
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