BofA-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.
Read moreLloyds 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.
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