Lloyds set to sell key parts of its business -Sky
LONDON, Oct 29 (Reuters) - Lloyds Banking Group is close to agreeing a deal with the European Commission that would see it sell its Cheltenham & Gloucester branch network, Sky News reported on Thursday. [read full story]
|
RELATED
|
|
Lloyds rights issue: Is it worth investing?
yds Banking Group is going cap in hand to shareholders - for the second time this year - to drum up a massive £13.5bn. Branches of Cheltenham & Gloucester, Lloyds TSB Scotland and some Lloyds TSB branches in England and Wales...
Lloyds bank to raise US$34b
Britain pressed ahead on Tuesday with a fresh wave of restructuring in its crisis-ravaged banking system, as Lloyds Banking Group PLC sought at least £21 billion (US$34.2 billion) through a record share issue and debt swap.
RBS and Lloyds remain High Street giants
Alan O'Sullivan, This is Money The two behemoths will remain the largest banks in terms of branches and staff, even after RBS has been forced to sell approximately 300 branches and Lloyds Banking Group another 600. The break-up...
Vince on the banks
Responding to Alistair Darling's statement on banking reform yesterday, Liberal Democrat Shadow Chancellor, Vince Cable said: Mr Speaker, I would like to thank the Chancellor for the early warning of this statement. Can he...
RBS and Lloys Banking Group face break-up
Nov 4 2009 by Henryk Zientek, Huddersfield Daily Examiner RBS and Lloys Banking Group face break-up BANKING giant HSBC is to axe 1,700 jobs in the UK as the financial sector undergoes further trauma. HSBC’s announcement comes...
Government props up RBS and Lloyds with £39bn
The Government has announced that it intends to increase taxpayer support to Royal Bank of Scotland (RBS) and Lloyds Banking Group by £33.5 billion and £5.7 billion respectively. Chancellor of the Exchequer Alistair Darling has...
RBS and Lloyds sell-off plans could lead to 25,000 job losses
Louisa Peacock04 November 2009 08:09 The government's plan to sell off parts of the state-aided high-street banks RBS and Lloyds Banking Group could result in 25,000 job losses, a union has warned. Unite called on ministers,...
£50billion bailout for banks as Darling more than doubles Lloyds and RBS rescue...but gets a...
The Treasury has set aside a further £8billion to cover a 'worst-case scenario' at RBS, but officials claim this is unlikely to be needed. The Treasury insisted the deal would reduce the overall burden on the public finances,...
Bank bailouts: How they happened
The Government expects the long term cost to the taxpayer of the bank bailouts to be between £20 billion and £50 billion but it could be as high as £1 trillion if all the guaranteed and insurances were used in full. It has not...
RBS and Lloyds to receive £31bn in second bailout
Royal Bank of Scotland Group and Lloyds Banking Group will receive £31.3bn (€34.8bn) in a second bailout from the UK taxpayer as the two banks agreed to cap bonuses. The British Treasury will inject £25.5bn worth of capital...
tom2000
Related categories
Intergovernmental Organisations, International Relations, Lloyds, European Union, European Commission
International Editions
English - US | English - UK | Deutsch | Français | Español - España | Português - Portugal | Italiano | Čeština | Русский (Russian) | عربي (Arabic) | 中文（简）(Simplified Chinese) | Español - México | Português - Brasil | 한국어 (Korean) | English - India
