Lloyds tail risks receding, says Goldman as it upgrades
12th Mar 2019 15:40
(Sharecast News) - Goldman Sachs upped its stance on Lloyds Banking Group to 'neutral' from 'sell' on Tuesday, lifting the target price to 66p from 57p as tail risks recede.
Read moreLloyds kicks off £1.75bn share repurchase programme
1st Mar 2019 11:18
(Sharecast News) - Lloyds Banking Group launched a share buy-back programme on Friday, to repurchase up to £1.75bn of ordinary shares, as it had previously announced on 20 February.
Read moreSector movers: Personal goods knocked, banks boosted
27th Feb 2019 15:37
(Sharecast News) - Retailers and personal goods companies were not well liked on Wednesday, while banks were higher despite the travails of Metro Bank.
Read moreMonday broker round-up
25th Feb 2019 13:44
(Sharecast News) - WPP Group: Shore Capital Markets upgrades to buy.
Read moreWednesday broker round-up
20th Feb 2019 13:19
(Sharecast News) - Ocado: Peel Hunt downgrades to hold with a target price of 110p.
Read moreLloyds Banking Group appoints William Chalmers as CFO
15th Feb 2019 10:03
(Sharecast News) - Lloyds Banking Group has appointed Morgan Stanley investment banker William Chalmers as its chief financial officer, succeeding George Culmer, whose plan to retire in the third quarter of 2019 was announced back in October.
Read moreLloyds customers hit by online banking glitch
11th Feb 2019 16:13
(Sharecast News) - Lloyds has apologised after a glitch left thousands of customers unable to access online and mobile banking resources on Monday.
Read moreFTSE 100 movers: Tui cruises higher; Smith & Nephew hit by deal report
11th Feb 2019 15:14
(Sharecast News) - London's FTSE 100 was up 0.8% at 7,129.11 in afternoon trade on Monday, underpinned by a weaker pound.
Read moreLloyds and Schroders on hiring spree as they look to boost AUM - reports
11th Feb 2019 12:33
(Sharecast News) - Lloyds Banking Group and Schroders are to ramp up their wealth management joint venture by hiring up to 700 advisors and increasing assets under management.
Read moreLloyds cuts back-office jobs as part of strategy review
30th Jan 2019 11:46
(Sharecast News) - Lloyds Banking Group has cut a number of jobs across the UK as part of the next stage in its strategic review.
Read moreLloyds launches version of family mortgage
28th Jan 2019 10:00
(Sharecast News) - Lloyds Bank has unveiled a new mortgage that would allow first-time home buyers to borrow 100% of the property price without having to pay a deposit, but only if they get another family member involved.
Read moreUK equities looking 'particularly attractive', says Morgan Stanley
14th Jan 2019 13:07
(Sharecast News) - Since the global selloff at the end of last year, UK equity valuations are looking "particularly attractive", Morgan Stanley has told clients, suggesting banks could see the biggest bounce from a postive Brexit outcome.
Read moreFCA to ban excessive overdraft fees in 'once-in-a-generation' shake up
18th Dec 2018 09:25
(Sharecast News) - The Financial Conduct Authority is cracking down on the UK's "dysfunctional" £2.4bn overdraft market, including banning banks from charging higher fees for unauthorised borrowing.
Read moreBP, Astra, NMC, Lloyds among Barclays' European top picks
19th Nov 2018 08:52
(Sharecast News) - Although poor investor sentiment, "idiosyncratic risks" including Brexit, Italian and German politics, ECB and European parliamentary elections next year have weighed on European stock, Barclays expects to see some of the losses to be recouped into the year end, with 19 selected as "top picks".
Read moreReports of Brexit financial services deal lift pound, banks
1st Nov 2018 10:16
(Sharecast News) - A tentative Brexit passporting deal has been struck for UK financial services, reports indicated on Wednesday, which lifted the pound and some sector companies out of their recent slump.
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