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Posts tagged "Lloyds Banking Group"

Climb on the Headless Horse

Its CEO is exhausted and has been packed off to the sanatorium, the interim boss has his mind on other things, a large disposal plan is proving difficult to execute, there’s...

Headless horse (updated)

State owned rival RBS has wasted no time in sticking the boot into Lloyds Banking Group.Here’s the take of its banking team on António Horta-Osório’s leave of absence....

Lloyds, de-helmed

The price action in Lloyds Banking Group on Wednesday morning:The follows confirmation that chief executive António Horta-Osório (47) is taking a break. In the words of Pestowire he is:...

Snap news

Breaking pre-market news on Tuesday,- UBS Q3 net profit solid at CHF980m despite trading scandal – statement.- BP Q3 RC net profit down 3.7 per cent  at $5.14bn on lower...

UK banks and recession

From stress test to recession.Merrill Lynch has on Tuesday made some savage revisions to its forecasts for UK banks to reflect a more bearish economic outlook.The usually optimistic...

[Something for the weekend] Dear Lloyds: nobody wants to buy your bank

– By Neil Collins –Dear Lloyds: nobody wants to buy your bankIt was going to be a hard-fought auction. The chance to buy a fully-formed network of bank branches,...

Snap news

Breaking pre-market news on Monday,- Lloyds Banking Group loses its finance director to Resolution — statement and statement.- Ocado reports Q3 sales growth of just 17...

ICB – the market reacts

Compare and contrast.Selected UK banks on Monday morning: Selected European banks on Monday morning: The outperformance of the UK banks is probably not surprising....

Snap news

Breaking pre-market news on Monday,- Societe Generale announces plans to free €4bn of capital by 2013 through disposals — statement.- Lloyds Banking Group assessing...

ICBaiting

Britain’s biggest banks are set to escape any major restructuring until after the planned 2015 general election, amid a political consensus that they should focus on business...

Celebrity knife catching with Lord Sugar

In the next episode Donald Trump backs up the truck and buys BofA.

The blame game – UK banks edition

Thought the recent sell-off in UK banking stocks was due to the eurozone debt crisis, funding jitters or even the downgrade of the USAA+?Well, you were wrong. It’s all about regulation....