Lloyds Banking Group PLC

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Bill Jamieson: Sun also rises in land benighted by Brexit - The Scotsman

LLOY

Official figures show the number of visitors to the UK rose to 3.5 million in June, up seven per cent from June last year. Finally, retail sales in Scotland showed a bounce back last month, with total sales up by 1.2 per cent adjusted for deflation on the previous year. Sign in socially {* loginWidget *}. It looks like you're already registered.

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scotsman.com
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Lloyds and Halifax customers face up to 52% APR overdraft fee

LLOY

There is growing anger among some Lloyds and Halifax customers – those who regularly use their overdraft – after they received letters from the banks this week warning them that the cost of going overdrawn could shoot up after November. Lloyds said in July that nine out of 10 customers will either be better off, or no worse off, than before – but that still leaves up to two million people facing higher fees. Nationwide building society is offering those switching to its FlexDirect account a fee-free overdraft for 12 months – in effect giving the customer a year to get on top of their spending. Lloyds Banking Group says: “Our new approach is simple and clear, giving customers more control of their overdraft and how they manage their finances.

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theguardian.com
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Major Global Banks Set to Face LIBOR-Rigging Probe by FDIC

LLOY DBK

FDIC accused banks for lowballing between 2007 and 2009, which showed them more creditworthy than they actually were. Per the allegations, these U.S. banks considered manipulated LIBOR while carrying out derivative transactions and calculating interest for which they suffered huge losses. Lloyds Banking Group PLC (LYG): Free Stock Analysis Report. Royal Bank Scotland PLC (The) (RBS): Free Stock Analysis Report.

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nasdaq.com
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Firms Hit Lloyds Unit With Libor Swaps Misselling Claim

LLOY

Law360, London (August 18, 2017, 1:19 PM BST) -- A unit of Lloyds Banking Group PLC has been hit with an interest rate swaps misselling claim, filed at London’s High Court by two property investment and development firms that allege the bank made false claims about Libor while it was manipulating the rate. Two property investment and development firms are alleging that a Lloyds unit made false claims about a Libor interest rate. and Munroe K Luxembourg SA allege that Bank of Scotland PLC, a subsidiary of HBOS PLC and associated... (AP) Munroe K Ltd.

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law360.com
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Lloyds Banking Group plc rated 'buy' at UBS despite its results failing to ignite shares

ESRX LLOY

UBS notes that second quarter numbers for UK banks beat market consensus by 13%. Swiss broker UBS has repeated a 'buy' on UK-focused Lloyds Banking Group (LON:LLOY) after a 'decent' quarterly earnings beat across the UK bank sector. Barclays (LON:BARC) meanwhile, also rated 'buy' at UBS, has its shares at 194p today - compared to over 205p the day of its interims. For all banks the end to the Bank of England's cheap money in the form of term funding in February next year will be key, says UBS.

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Funding boost for County Durham glass specialist

LLOY

A County Durham-based architectural glass specialist is set to increase production and boost sales after moving to a new factory on the back of a six-figure funding deal. " Lesley Williams, regional manager for Global Transaction Banking at Lloyds Bank, added: "The growth of PLG Glass has been phenomenal over the past three years, and moving to new premises with more efficient machinery will help the company to continue to capitalise on new opportunities. Contact us on:. Contact us using the details below.

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insidermedia.com
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Oil pump maker secures Middle East export deal

LLOY

A Suffolk-based oil pump manufacturer has sealed a £1.1m deal, backed by support from Lloyds Bank, to ship equipment to the Middle East. To support Amarinth's export activity, Lloyds Bank has provided the business with £372,000 in bonds that are backed by the government's UK Export Finance (UKEF) agency. Contact us on:. Contact us using the details below.

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insidermedia.com
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Car dealer secures £11m funding package

LLOY

A car dealer with 12 showrooms across the East Midlands is set to expand after securing an £11m funding facility from Lloyds Bank Commercial Banking. "The funding from Lloyds Bank has given us the capital needed to help our day-to-day cash flow needs, and look for other growth opportunities across the East Midlands region. Contact us on:. Contact us using the details below.

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insidermedia.com
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CITY DIARY: Is Lloyds boss taking a cue from George IV?

LLOY

Perhaps because Cohn's primed to be Trump's next chairman of the Federal Reserve. CITY DIARY: Is Lloyds boss taking a cue from George IV? Interviewed over lunch by the Financial Times, owlish Federal Reserve vice-chairman Stanley Fischer, 73, paid his share of the $124 bill as strict Fed rules prohibit him accepting hospitality from journalists. Regrettably, not a rule that applies to our freebie-grasping MPs, as a glance at the monthly Commons register will testify.

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thisismoney.co.uk
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Lloyds Sued For £5.8M 'For Giving Deposit Box To Imposter'

LLOY

Law360, London (August 17, 2017, 1:11 PM BST) -- Lloyds Bank PLC is being sued for around £5.8 million ($7.5 million) after it allegedly handed over a security deposit box containing a client’s jewelry and diamonds to an imposter who used forged documents and apparently posed as the man’s wife, according to a claim filed with London’s High Court. Michael Messerer, who entrusted Lloyds with the deposit box in early 2004, alleges the bank breached its contractual obligations and acted negligently by delivering the box and its contents to a third party without his knowledge...

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law360.com
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Food manufacturer expands with Lloyds Bank funding

LLOY

A Devon food manufacturer is set to double capacity after extending its premises with support from a Lloyds Bank Commercial Banking funding package. " Little & Cull plans to recruit an additional 20 staff by 2020, making it eligible for an £85,000 grant from the South West Growth Fund. Contact us on:. Contact us using the details below.

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insidermedia.com
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