Deutsche Bank downgrades Lloyds and RBS
6th Sep 2019 14:33
(Sharecast News) - Deutsche Bank downgraded its stance on shares of RBS and Lloyds Banking Group on Friday as it took a look at UK banks.
Read moreTesco sells mortgage portfolio to Lloyds for ?3.8bn
3rd Sep 2019 07:26
(Sharecast News) - Tesco has sold its mortgage portfolio to Lloyds Banking Group for around £3.8bn in cash.
Read moreLloyds cracks down on laundering by freezing 8,000 Jersey accounts
24th Jun 2019 09:22
(Sharecast News) - Lloyds Banking Group has reportedly frozen 8,000 Jersey-based offshore bank accounts following a crackdown on money laundering, with the account holders having failed to prove their identities.
Read moreLloyds Bank fined £45.5m over HBOS Reading fraud scandal
21st Jun 2019 09:53
(Sharecast News) - Bank of Scotland was on Friday fined £45.5m by the Financial Conduct Authority for failing to disclose information on the £245m fraud scandal at the its Reading branch.
Read moreThursday broker round-up
13th Jun 2019 13:08
(Sharecast News) - Domino's Pizza Group: Peel Hunt upgrades to buy with a target price of 300p.
Read moreMonday broker round-up
10th Jun 2019 13:58
(Sharecast News) - AJ Bell: Numis downgrades to hold with a target price of 346p.
Read moreMorgan Stanley cuts target for Lloyds, sees RBS postponing share buybacks
5th Jun 2019 10:33
(Sharecast News) - Morgan Stanley slashed its target prices for several of the UK's largest lenders, as political uncertainty pushed out expectations for hikes in Bank Rate to the back half of 2020, which together with a flattening yield curve meant that consensus estimates for their net interest income were "too optimistic".
Read moreLloyds' Horta-Osório to face MPs on pension
23rd May 2019 10:55
(Sharecast News) - MPs have called on Lloyds Banking Group's chief executive to face questions about controversial executive pension arrangements at the company.
Read moreBofA-ML reiterates 'underperform' on Lloyds citing competition in UK mortgages
22nd May 2019 09:54
(Sharecast News) - Analysts at Bank of America-Merrill Lynch reiterated their 'underperform' recommendation for shares of Lloyds on Wednesday, pointing to a £2.0bn revenue headwind for the lender as it tries to manage the trade-off between growing its mortgage volumes and sustaining it net interest margin in the face of increased competition in the space and as expectations for interest rate increases continue to get pushed back.
Read moreShoreCap stays at 'buy' on Lloyds, sees higher share buybacks
3rd May 2019 15:47
(Sharecast News) - ShoreCap stuck to its previous 'buy' recommendation for Lloyds's shares, despite the lender having fallen short of the broker's estimates for its first quarter net interest income.
Read moreLloyds profit unchanged as charges offset rising income
2nd May 2019 07:07
(Sharecast News) - Lloyds Banking Group's first-quarter profit was unchanged as market swings and other items offset rising income and lower costs at Britain's biggest retail bank.
Read moreThursday preview: MPC, Lloyds in focus
1st May 2019 14:13
(Sharecast News) - The market spotlight on Thursday will be squarely on the Monetary Policy Committee, as rate-setters at the Bank of England meet to decide on policy.
Read moreLloyds could pay out ?1bn after BoE eases capital buffer
1st May 2019 09:01
(Sharecast News) - The Bank of England has eased capital requirements for Lloyds Banking Group, raising the prospect of the bank returning £1bn to shareholders.
Read moreFTSE 100 movers: Banks and housebuilders rally; Burberry hit by downgrade
3rd Apr 2019 13:44
(Sharecast News) - London's FTSE 100 was up 0.3% at 7,412.86 in afternoon trade on Wednesday, gaining some ground as housebuilders and banks rallied.
Read moreStandard Life Aberdeen wins dispute against Lloyds
19th Mar 2019 07:52
(Sharecast News) - Standard Life Aberdeen said on Tuesday that a tribunal has ruled in its favour in respect of its investment mandate dispute with Lloyds Banking Group.
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