LYG
Lloyds Banking Group plc·Financial Services
5.49
1.964%(−0.11)
Market ClosedLast Updated: — ET
52W L: $3.6152W H: $6.34
LYG NEWS
reuters.com
17h ago
Lloyds will not take legal action against Britain's car finance redress scheme, FT reports
Lloyds Banking Group will not launch a legal challenge against the UK financial regulator's 9.1 billion pound ($12.25 billion) compensation scheme for consumers who were allegedly mis-sold car finance, the Financial Times reported on Friday.
proactiveinvestors.co.uk
2d ago
Standard Life or Lloyds would benefit from buying Aegon's UK arm, says US bank
Standard Life PLC (LSE:SL.) could see a significant uplift to earnings if it acquires Aegon's UK arm, according to JPMorgan, which assessed potential buyers for the business under review.
proactiveinvestors.co.uk
2d ago
Lloyds upgraded by Citi as Iran war expected to support bank sector earnings
Lloyds Banking Group PLC (LSE:LLOY) has been upgraded by Citigroup as the US bank's analysts see European lenders as likely to benefit from a stronger outlook for interest rates due to the ongoing economic shockwaves from the Iran war. Events in Iran have shifted the market's rate expectations, with the forward curve now implying two interest rate rises from the European Central Bank this year.
gurufocus.com
Apr 2
Lloyds Holds £2 Billion Provision as FCA Finalizes £9.1 Billion Redress Scheme
The UK's car finance overhang may be starting to settleâand Lloyds Banking Group (LYG) is signaling it could already be adequately reserved. After the Financi
proactiveinvestors.co.uk
Apr 2
Lloyds provision stance backed by broker but risks remain
Lloyds Banking Group PLC's (LSE:LLOY) decision not to increase provisions for motor finance compensation appears justified, according to analysts at Shore Capital, although uncertainty around the final cost remains. The UK's largest lender previously set aside £1.95 billion to cover potential redress for the misselling issue.
proactiveinvestors.co.uk
Apr 2
Lloyds Banking sees no need to change motor finance provisions yet
Lloyds Banking Group PLC (LSE:LLOY) said it "does not currently believe" it will need to make any change to its provisions for the motor finance compensation scheme, following the final guidance issued by the financial watchdog at the start of the week. The Financial Conduct Authority said on Monday night that millions of motor finance customers should receive larger compensation than its previous guidance in October.
