| Lloyds named top pick as Deutsche backs UK banks for next phase of growth |
Lloyds Banking Group PLC (LSE:LLOY) has emerged as one of Deutsche Bank's preferred names in the UK banking sector as the broker shifts its focus from rising returns to future growth potential. In a research note, analyst Robert Noble said Lloyds, already a favourite among private investors, is well placed to benefit from a new phase in UK banking marked by stronger loan growth and selective consolidation. |
proactiveinvestors.co.uk |
2025-05-16 13:46:13 |
Czytaj oryginał (ang.) |
| LYG or IBN: Which Is the Better Value Stock Right Now? |
Investors interested in Banks - Foreign stocks are likely familiar with Lloyds (LYG) and ICICI Bank Limited (IBN). But which of these two stocks is more attractive to value investors? |
zacks.com |
2025-05-09 16:40:41 |
Czytaj oryginał (ang.) |
| Is Lloyds Banking Group flying below the radar? This research house thinks so |
Lloyds Banking Group PLC (LSE:LLOY) is not making headlines, but that might be its greatest strength in 2025. In a research note on Tuesday, Deutsche Bank reiterated its bullish view on the group, maintaining a 'buy' rating and 88p price target. |
proactiveinvestors.co.uk |
2025-05-06 12:59:53 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group: Tariff Uncertainty Creeps Into Q1 Results |
Shares of Britain's Lloyds Banking Group have been an exceptional performer so far in 2025, returning over 40%. Lloyds' first quarter was arguably a little mixed, with stronger than expected net interest income offset by slightly weaker costs. Within that, provisioning was a little higher than consensus, with management booking a £100 million overlay to capture possible risks from tariffs. |
seekingalpha.com |
2025-05-03 07:40:52 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group plc (LYG) Q1 2025 Earnings Call Transcript |
Lloyds Banking Group plc (NYSE:LYG ) Q1 2025 Earnings Conference Call May 1, 2025 4:30 AM ET Company Participants William Chalmers - Executive Director and Chief Financial Officer Conference Call Participants Guy Stebbings - Exane BNP Aman Rakkar - Barclays Capital Ben Toms - RBC Ed Firth - KBW Jonathan Pierce - Jefferies Amit Goel - Mediobanca Robin Down - HSBC Andrew Coombs - Citi Chris Cant - Autonomous Ben Caven-Roberts - Goldman Sachs Operator Thank you for standing by, and welcome to the Lloyds Banking Group 2025 Interim Management Statement Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-05-01 13:55:09 |
Czytaj oryginał (ang.) |
| Lloyds results a shade soft, but outlook still intact |
Lloyds Banking Group PLC (LSE:LLOY) shares dipped around 2.5% after first-quarter results landed a touch below expectations. It wasn't a disaster by any stretch, but the shortfall, mainly due to higher costs and bad loan provisions, gave the market pause, especially with banks under scrutiny for how they handle margin pressure and economic uncertainty. |
proactiveinvestors.co.uk |
2025-05-01 10:47:49 |
Czytaj oryginał (ang.) |
| Lloyds keeps guidance unchanged despite higher impairment charge |
Lloyds Banking Group PLC (LSE:LLOY) reported first-quarter profits slightly lower than a year ago, but in line with expectations as increased income and reduced volatility combined with higher costs and higher impairment charges. The UK's largest lender reaffirmed guidance for the full year and said it was making "good progress" on its strategic transformation. |
proactiveinvestors.co.uk |
2025-05-01 06:38:57 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group Confirms Guidance as Interest Income Holds Up |
The U.K. lender posted a rise in its top line as income from interest remained resilient despite central-bank rate cuts. |
wsj.com |
2025-05-01 06:38:00 |
Czytaj oryginał (ang.) |
| Britain's Lloyds quarterly profit drops 7%, provisions $133 million for tariffs |
Lloyds Banking Group reported a near 7% drop in first-quarter profit on Thursday, hurt by higher costs, and said it had set aside 100 million pounds ($132.9 million) for tariff-related impact. |
reuters.com |
2025-05-01 06:19:58 |
Czytaj oryginał (ang.) |
| Lloyds (LYG) is a Great Momentum Stock: Should You Buy? |
Does Lloyds (LYG) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2025-04-25 17:00:48 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group: Quarterlies in the offing; is now the time to buy? |
As Lloyds Banking Group PLC (LSE:LLOY) readies its first quarter results, the share price, hovering around 73p, has prompted fresh debate: is this a buying opportunity, or should investors await the actual figures? To decide, it helps to understand Lloyd's key metrics, the forces at play and the risks ahead. |
proactiveinvestors.co.uk |
2025-04-25 14:59:03 |
Czytaj oryginał (ang.) |
| LYG vs. CM: Which Stock Is the Better Value Option? |
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Lloyds (LYG) and Canadian Imperial Bank (CM). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2025-04-23 16:40:37 |
Czytaj oryginał (ang.) |
| Chart Of The Day: 2025 'Top Picks' Top Performers Speak Volumes |
MoneyShow produces an annual “Top Picks” report containing the best investing ideas for the coming year from a rotating roster of top expert contributors. The MoneyShow Chart of the Day shows which recommendations in the 2025 Top Picks Report have performed the best through this week. The table speaks volumes about how the market's character has changed radically. |
seekingalpha.com |
2025-04-18 10:30:00 |
Czytaj oryginał (ang.) |
| Why Barclays, not Lloyds remains the pick of the undervalued UK banking sector |
UBS remains upbeat on the outlook for UK banks ahead of the first-quarter earnings season, with strong balance sheets, attractive valuations and resilient credit quality underpinning the broker's positive stance ahead of reporting season early next month. Shares in Barclays PLC (LSE:BARC), NatWest Group PLC (LSE:NWG) and Standard Chartered PLC (LSE:STAN) are the Swiss bank's top picks in the sector, with analysts highlighting their exposure to robust trading income and attractive capital returns. |
proactiveinvestors.co.uk |
2025-04-10 12:22:03 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group in the cross-hairs as recession fears haunt the financial sector |
Lloyds Banking Group PLC (LSE:LLOY) shares fell as much as 6% in early Monday trading, as fears of a global recession triggered by President Trump's sweeping new tariffs rattled financial markets. While Lloyds is more focused on the UK economy than its international peers, it remains highly sensitive to broader economic sentiment. |
proactiveinvestors.co.uk |
2025-04-07 07:58:09 |
Czytaj oryginał (ang.) |
| LYG or CM: Which Is the Better Value Stock Right Now? |
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Lloyds (LYG) and Canadian Imperial Bank (CM). But which of these two stocks is more attractive to value investors? |
zacks.com |
2025-04-04 16:45:39 |
Czytaj oryginał (ang.) |
| FCA intervention may complicate pay-out process; so what does this mean for Lloyds investors? |
The Financial Conduct Authority (FCA) pushed back against a sweeping court ruling that could force banks to pay out billions in motor finance compensation, which may limit payouts but complicate the compensation process, according to research from RBC Capital. Submitting its views to the Supreme Court, the FCA said the Court of Appeal had gone “too far” by assuming all car dealers owed customers a fiduciary duty - meaning a legal obligation to act in their best interest. |
proactiveinvestors.co.uk |
2025-04-02 13:23:01 |
Czytaj oryginał (ang.) |
| Lloyds and Close Bros in the Supreme Court spotlight as motor finance hearing begins |
Tuesday is "crunch time" for lenders including Lloyds and Close Brothers, analysts said, as the UK's Supreme Court hearing begins into the motor finance mis-selling. The case relates to claims from car finance borrowers seeking redress over undisclosed commissions paid to motor broker-dealers. |
proactiveinvestors.co.uk |
2025-04-01 07:43:56 |
Czytaj oryginał (ang.) |
| Lloyds (LYG) Upgraded to Buy: Here's What You Should Know |
Lloyds (LYG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). |
zacks.com |
2025-03-27 15:01:04 |
Czytaj oryginał (ang.) |
| Novo Banco puts ex-Lloyds director in charge of risk before IPO |
Portugal's fourth-largest lender Novo Banco has appointed former Lloyds Banking Group director Carmen Goncalves as chief risk officer, the bank said on Thursday, after her predecessor was fired three months ago for alleged misconduct. |
reuters.com |
2025-03-27 12:58:06 |
Czytaj oryginał (ang.) |
| Lloyds Bank plc: 2024 Form 20-F Filed |
LONDON, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Lloyds Bank plc announces that on 27 February 2025 it filed its Annual Report on Form 20-F for the year ended 31 December 2024 with the Securities and Exchange Commission. A copy of the Form 20-F is available through the 'Investors' section of our website at www.lloydsbankinggroup.com and also online at www.sec.gov Shareholders can receive hard copies of the complete audited financial statements free of charge upon request. |
globenewswire.com |
2025-02-27 13:34:00 |
Czytaj oryginał (ang.) |
| Lloyds Banking up 3.5% after upgrade from leading investment bank |
Shares in Lloyds Banking Group PLC (LSE:LLOY) jumped 3.5% after Deutsche Bank raised its price target from 80p to 88p while maintaining its 'buy' recommendation. It cited strong revenue growth, book value expansion, and robust capital returns as key drivers of its optimism. |
proactiveinvestors.co.uk |
2025-02-26 09:53:25 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group: Is it time to 'buy'. These two banks think not. |
RBC Capital has raised its price target for Lloyds Banking Group PLC (LSE:LLOY) from 60p to 70p, reflecting stronger forecasts for the bank's earnings and shareholder returns. The bank's latest results showed steady progress, with rising net interest income and lower-than-expected costs helping to support profitability. |
proactiveinvestors.co.uk |
2025-02-24 07:08:08 |
Czytaj oryginał (ang.) |
| Lloyds and other motor finance lenders paid large commissions upfront - report |
Lloyds Banking Group PLC (LSE:LLOY) and other motor finance lenders paid large upfront commissions to individual car dealerships, according to a report from the Guardian. The newspaper said court documents showed the lenders made these payments, with the filings state that the practice encouraged the car salespeople to favour those loan providers even if it would result in higher payments for the buyer. |
proactiveinvestors.co.uk |
2025-02-21 05:31:17 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group: Underlying Trends Remain Positive Despite More Motor Provisions |
Lloyds Banking Group delivered solid fourth quarter results, although another round of motor commission provisions drove a bottom line miss. Underlying trends were better for the bank. Hedge income continues to power net interest margin expansion, which will be a tailwind this year and next, while asset quality remains resilient. These shares trade for a little under 1.3x tangible book value, justified by the bank's strong underlying profitability and the prospect of increasing capital returns. |
seekingalpha.com |
2025-02-21 05:25:18 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group plc (LYG) Q4 2024 Earnings Conference Call Transcript |
Lloyds Banking Group plc (NYSE:LYG ) Q4 2024 Earnings Conference Call February 20, 2025 4:30 AM ET Company Participants Charlie Nunn - Executive Director and Group Chief Executive William Chalmers - Executive Director and CFO Douglas Radcliffe - Group IR Director Conference Call Participants Benjamin Toms - RBC Perlie Mong - Bank of America Jonathan Pierce - Jefferies Ben Caven Roberts - Goldman Sachs Chris Cant - Autonomous Amit Goel - Mediobanca Charlie Nunn Good morning, everyone. And thank you for joining our 2024 Full Year Results Presentation at our brilliant new London Headquarters. |
seekingalpha.com |
2025-02-20 14:42:10 |
Czytaj oryginał (ang.) |
| Lloyds jumps 7% as solid figures shine through motor uncertainty |
Lloyds Banking Group PLC's move to set aside further funds to cover a potential hit from a probe into historic motor finance commission deals did little to deter investors on Thursday. Shares jumped 7.0% in the wake of full-year figures, where it said an additional £700 million provision had been made in the fourth quarter to cover possible remuneration. |
proactiveinvestors.co.uk |
2025-02-20 09:58:17 |
Czytaj oryginał (ang.) |
| Lloyds profit down a fifth, extra £700mln set aside for motor finance probe |
Lloyds Banking Group PLC saw profit drop by a fifth last year and set aside hundreds of millions in the final quarter to cover a potential hit from motor finance mis-selling. Statutory pre-tax profit tumbled 20% to £5.97 billion in the year to December 31, the lender said Thursday, against company-compiled consensus expectations for £6.39 billion. |
proactiveinvestors.co.uk |
2025-02-20 04:51:33 |
Czytaj oryginał (ang.) |
| Britain's Lloyds Bank reports 20% fall in annual profit, missing estimates |
Lloyds Banking Group reported a 20.4% drop in annual profit on Thursday, missing market expectations, as interest rate cuts hit lending margins and Britain's sluggish economic recovery hurt the bank's income. |
reuters.com |
2025-02-20 04:11:00 |
Czytaj oryginał (ang.) |
| Close Brothers, Lloyds fall; traders cite UK court decision on motor finance |
Shares in British lenders Close Brothers and Lloyds Banking group fell on Monday, with traders and analysts citing reports that the Treasury has been blocked from intervening into the Supreme Court review of the motor finance misselling case. |
reuters.com |
2025-02-17 13:14:16 |
Czytaj oryginał (ang.) |
| Lloyds shares at almost 6yr high as final results near |
Lloyds Banking Group PLC (LSE:LLOY) reports final results on Thursday 20 February, with the lender's shares up over 50% in the past 12months to almost a six-year high. However, they have been lagging in analyst affections in recent months, with the cloud of a large potential hit from motor finance commission looming - though some have hopes that things will not be as bad as expected. |
proactiveinvestors.co.uk |
2025-02-13 11:16:45 |
Czytaj oryginał (ang.) |
| Lloyds share price patterns point to a 47% surge ahead of earnings |
Lloyds share price is firing on all cylinders as the countdown to its fourth-quarter and annual earnings report continue. LLOY has risen in the last five straight weeks and is hovering at its highest level since 2008. |
invezz.com |
2025-02-13 07:01:36 |
Czytaj oryginał (ang.) |
| NatWest and HSBC preferred to Lloyds as bank reporting season nears |
Ahead of the start of the UK bank reporting season, analysts at Citi said their top pick in the sector is NatWest Group PLC (LSE:NWG) and their least preferred is Lloyds Banking Group PLC (LSE:LLOY). Heading into the final results for 2024, which start with Barclays on Thursday and NatWest this Friday, the analysts said the UK economic outlook "looks far from rosy, with fears of stagflation growing". |
proactiveinvestors.co.uk |
2025-02-11 11:30:06 |
Czytaj oryginał (ang.) |
| Could Lloyds Banking Group dodge the mis-selling bullet? |
Could there be some respite for Lloyds Banking Group PLC (LSE:LLOY), Close Brothers Group PLC (LSE:CBG) and the other smaller players saddled with a potential £30 billion bill for alleged motor finance mis-selling? Next month will see the start of a Supreme Court appeal hearing hoping to overturn an earlier, potentially costly ruling. |
proactiveinvestors.co.uk |
2025-02-11 07:00:01 |
Czytaj oryginał (ang.) |
| MoneyShow's Best Investment Ideas For 2025: Part 10 |
MoneyShow's Best Investment Ideas For 2025: Part 10 |
seekingalpha.com |
2025-02-10 17:30:00 |
Czytaj oryginał (ang.) |
| Lloyds Banking tax bill report is old story and likely to be further prolonged, analysts say |
Reports that Lloyds Banking Group PLC (LSE:LLOY) is to be whacked with a billion-pound tax bill were played down by analysts on Thursday. The Financial Times reported that the high street lender is set to be "hit with a £1 billion tax bill after legal challenge fails". |
proactiveinvestors.co.uk |
2025-02-06 09:53:11 |
Czytaj oryginał (ang.) |
| Barclays and NatWest preferred to Lloyds for these investment bank analysts |
UK bank valuations are attractive but Lloyds Banking Group PLC (LSE:LLOY) is less so than Barclays PLC (LSE:BARC) and NatWest Group PLC (LSE:NWG) among the more domestically focused lenders, for analysts at UBS. Ahead of an expected Bank of England interest rate cut later this week, the analysts said they recommend UK domestic lenders given tailwinds for net interest income (NII) driven by interest rate hedges, versus their current "attractive" valuations. |
proactiveinvestors.com |
2025-02-04 09:45:57 |
Czytaj oryginał (ang.) |
| Lloyds Shuttering 136 Branches Amid Digital Banking Shift |
British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and 14 Bank of Scotland locations between May this year and March 2026, the Financial Times (FT) reported Wednesday (Jan. 29). |
pymnts.com |
2025-01-29 16:44:05 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group to shut further 136 branches |
Lloyds Banking Group PLC is planning to close another 136 branches over the coming year. Adding to previously announced closures, the group incorporating Lloyds, Halifax and Bank of Scotland will be left with 756 sites, against 932 currently. |
proactiveinvestors.co.uk |
2025-01-29 10:21:31 |
Czytaj oryginał (ang.) |
| Lloyds to close 136 branches in UK, FT reports |
Lloyds Banking Group will shut 136 branches in the UK to match customers' transition to digital banking, the Financial Times reported on Wednesday, citing the lender. |
reuters.com |
2025-01-29 09:42:37 |
Czytaj oryginał (ang.) |
| Undercovered Dozen: Natera, Lloyds Banking Group, Eaton, Primoris Services + |
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering diverse investment opportunities and encouraging discussion among investors. Ready Capital Corporation's new senior notes offer a 9% yield but are seen to face risks due to recent dividend cuts and negative earnings-to-debt ratios. Alex Pitti sees AVITA Medical showing strong growth potential with new product launches and increased market opportunities, making it a compelling long-term investment. |
seekingalpha.com |
2025-01-03 16:00:02 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group: Banking On A Positive Outcome |
Lloyds saw modest gains in 2024 versus its peers, largely due to concerns over its motor financing lawsuit, which could cost up to £3.9 billion in remediation charges. Despite falling NII and NIM, the bank maintains strong fundamentals with a robust CET1 and projects improved performance through to FY27, supported by higher-yielding structural hedge renewals. A strong AQR, stable operating cost outlook, and an ever-growing housing market positions Lloyds well for potential upside if litigation risks subside. |
seekingalpha.com |
2025-01-01 11:00:00 |
Czytaj oryginał (ang.) |
| Lloyds, Close Bros get longer to address hidden motor finance fee complaints |
The Financial Conduct Authority (FCA) has increased the time companies have to address complaints over historic motor finance deals which did not involve non-discretionary commission payments. Firms had until 4 December 2025 to respond to such complaints, which the FCA noted was in line with a deadline for those involving non-discretionary commission agreements. |
proactiveinvestors.co.uk |
2024-12-19 05:07:56 |
Czytaj oryginał (ang.) |
| Lloyds Bank still in line for big motor finance bill after Barclays outcome, brokers say |
Lloyds Banking Group PLC (LSE:LLOY) is still facing potential compensation costs of between £1-3.5 billion for motor finance loans after the defeat for Barclays in court yesterday, Jefferies estimates. The US bank says that the decision going against Barclays was not a surprise Jeffries adds, as judicial reviews rarely find against the financial ombudsman service (FOS) and the bar for Barclays was high. |
proactiveinvestors.co.uk |
2024-12-18 09:22:03 |
Czytaj oryginał (ang.) |
| Lloyds misled public in sustainability advertising, watchdog rules |
The Advertising Standards Authority (ASA) has partially upheld a complaint against Lloyds Banking Group PLC (LSE:LLOY)'s sustainability advertising, deeming one of four investigated advertisements misleading. The complaint focused on a LinkedIn post highlighting Lloyds' commitment to reducing fossil fuel reliance and financing renewable energy projects. |
proactiveinvestors.co.uk |
2024-12-18 06:46:51 |
Czytaj oryginał (ang.) |
| Lloyds share price target cut by Goldman as motor finance uncertainty remains |
Lloyds Banking Group PLC (LSE:LLOY) has seen its share price target bumped lower by Goldman Sachs analysts as uncertainty around motor finance mis-selling continues to loom. Despite news this week that the Supreme Court would hear an appeal against cases around hidden commissions in motor finance deals, Goldman said it was unclear how the issues would play out. |
proactiveinvestors.co.uk |
2024-12-13 12:35:51 |
Czytaj oryginał (ang.) |
| HSBC, NatWest, and Lloyds: Citi's mixed outlook for UK banks in 2025 |
Citi analysts have offered a mixed forecast for UK banks in 2025, favouring HSBC Holdings PLC (LSE:HSBA) and NatWest Group PLC (LSE:NWG) while expressing caution over Lloyds Banking Group PLC (LSE:LLOY). HSBC is a top pick, with anticipated strong 2025 guidance supported by its Asia-focused strategy, cost-cutting, and robust capital returns. |
proactiveinvestors.co.uk |
2024-12-11 10:54:23 |
Czytaj oryginał (ang.) |
| Lloyds surges as Supreme Court grants motor finance case appeal |
Lloyds Banking Group PLC (LSE:LLOY) shares headed higher on Wednesday on news the Supreme Court would hear an appeal against October's ruling over motor finance mis-selling. Lloyds, which is among those exposed to potential compensation, gained 4.3%, while peer Close Brothers Group PLC (LSE:CBG) jumped 8.3%. |
proactiveinvestors.co.uk |
2024-12-11 09:35:02 |
Czytaj oryginał (ang.) |
| Lloyds boss warns motor finance uncertainty a threat to UK economy |
Lloyds Banking Group PLC (LSE:LLOY) chief executive Charlie Nunn has warned that the uncertainty caused by the recent motor finance compensation chaos court case threatened the “investability” of the UK. Speaking at an FT banking conference, Nunn said the decision of the Appeal Court to rule that it was unlawful not to disclose commission payments to people using taking out loans to buy cars had upended the regulation that government the sector for years. |
proactiveinvestors.co.uk |
2024-12-04 11:48:07 |
Czytaj oryginał (ang.) |
| Lloyds buyback hopes too high on motor probe uncertainty - analyst |
RBC analysts have warned expectations for share buybacks by Lloyds Banking Group PLC (LSE:LLOY) ahead are too high given uncertainty around the UK's motor finance probe. Pointing to consensus expectations for a new £1.8 billion buyback to be unveiled in full-year results, RBC forecast the figure at £1.0 billion. |
proactiveinvestors.co.uk |
2024-11-25 12:53:13 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group Digital Transformation Strategy Report 2024 - Accelerators, Incubators and Innovation Programs |
Lloyds Banking Group Pioneers Future of Banking with Strategic Tech Investments and Digital Initiatives Lloyds Banking Group Pioneers Future of Banking with Strategic Tech Investments and Digital Initiatives |
globenewswire.com |
2024-11-25 09:44:00 |
Czytaj oryginał (ang.) |
| UK Retail Banking Competitor Benchmarking Report 2024: Financial Performance of the Top 15 Banks - Lloyds Banking Group Remains the Leading Provider |
Dublin, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The "UK Retail Banking: Competitor Benchmarking 2024" report has been added to ResearchAndMarkets.com's offering. This report discusses the financial performance of the top 15 banks in the UK, looking at market shares for key retail banking products as well as underlying financial ratios. It analyzes the makeup of banks' customer bases as well as how successful banks are at cross-selling and upselling products to these customers. |
globenewswire.com |
2024-11-22 09:16:00 |
Czytaj oryginał (ang.) |
| Lloyds risks further pressure as motor probe ‘waiting game' favours NatWest |
Lloyds Banking Group PLC (LSE:LLOY) shares risk further pressure until clarity surfaces on the Financial Conduct Authority's motor finance commission probe and redress, analysts say. Following a spate of updates surrounding the investigation this week, Jefferies analysts noted investors would “understandably” be drawn to stocks seen as less exposed. |
proactiveinvestors.co.uk |
2024-11-22 08:08:51 |
Czytaj oryginał (ang.) |
| Lloyds, Close Bros to get motor finance reprieve under FCA proposals |
The Financial Conduct Authority (FCA) has proposed to extend the deadline for lenders to handle complaints surrounding motor finance agreements involving non-discretionary commission arrangements. Under the proposals, affected firms will have to either May 31, 2025, or December 4, 2025, to provide final responses to motor finance complaints. |
proactiveinvestors.co.uk |
2024-11-21 05:18:07 |
Czytaj oryginał (ang.) |
| JP Morgan launches credit card to up pressure on Barclays, Lloyds, HSBC |
JPMorgan Chase is pushing further into the UK retail bank market with the launch of its first credit card some three years after it started taking deposits. The US's largest bank and credit card issuer, JP Morgan is initially offering the card to 25,000 customers following a pilot with its staff. |
proactiveinvestors.co.uk |
2024-11-19 11:23:56 |
Czytaj oryginał (ang.) |
| Lloyds Bank launches benefit claims tool on its app |
Lloyds Banking Group PLC (LSE:LLOY) has added an app that tops benefits and other financial support customers might be eligible to claim. Council tax discounts, energy grants, winter fuel payments and pension credits available to a customer will be flagged by the app, which Lloyds said has already helped thousands of people. |
proactiveinvestors.co.uk |
2024-11-19 10:55:29 |
Czytaj oryginał (ang.) |
| Lloyds Bank accused of using delaying tactics in motor finance claims |
Lloyds Banking Group PLC (LSE:LLOY) is allegedly swamping a no-fee no lawyer making motor finance mis-selling claims with paper documents to slow up the process, according to a report today. Courmacs Legal told the Telegraph it was receiving ‘truckloads' of legal letters every day from Black Horse, Lloyds' finance arm. |
proactiveinvestors.co.uk |
2024-11-18 12:01:51 |
Czytaj oryginał (ang.) |
| Lloyds puts finishing touches on £2bn share buyback programme |
Lloyds Banking Group PLC (LSE:LLOY) has announced the completion of its £2 billion share buyback scheme. A total of 3,686,477,708 ordinary shares were repurchased through the programme, Lloyds said on Thursday, which was unveiled in February. |
proactiveinvestors.co.uk |
2024-11-14 06:32:57 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group faces motor finance challenges, but is still a 'buy', says US investment bank |
Jefferies has issued an in-depth report on the UK banking sector, addressing concerns over the market outlook for Lloyds Banking Group PLC (LSE:LLOY). The note suggests that Lloyds faces significant challenges due to escalating and potentially costly reparations to UK motorists who took out loans to buy cars. |
proactiveinvestors.co.uk |
2024-11-13 11:21:39 |
Czytaj oryginał (ang.) |
| Lloyds Banking Group able to withstand motor finance hit - and still grow dividends |
Lloyds Banking Group PLC (LSE:LLOY) potential financial risk due to motor finance loans is manageable, according to Deutsche Bank, which reaffirmed its 'buy' rating on the stock, with a slightly reduced price target of 80 pence (down from 83p). Since 2007, Lloyds has collected an estimated £5.7 billion in interest on £56 billion in motor finance loans. |
proactiveinvestors.co.uk |
2024-11-11 09:33:53 |
Czytaj oryginał (ang.) |