BankingUK£0.017 (vs UK£0.023 in 1Q 2023)April 26, 202418Lloyds Banking Group (LON:LLOY) First Quarter 2024 ResultsKey Financial ResultsRevenue: UK£4.33b (down 5.1% from 1Q 2023).Net income: UK£1.07b (down 29%...
MortgagesLloyds Banking Group’s profits plunged by 28% in early 2024 – The IntermediaryApril 24, 202428Lloyds Banking Group’s profits plunged by 28% in early 2024 as competition grew for mortgages and deposits. Lloyds said its...
MortgagesLloyds profits hit by rush of homeowners refinancing mortgagesApril 24, 202418He is seeking to make Lloyds a slimmer and more profitable bank, cutting costs and boosting sales by offering customers...
BankingLloyds cuts risk management roles in bid to ‘move at greater pace’April 10, 202434Lloyds is cutting risk management jobs after concluding that its overly cautious approach is holding back growth.Roles are to be...
FinanceBarclays launches challenge against car finance mis-selling claimApril 9, 202428Barclays has launched a legal challenge over a ruling that it unfairly paid commission to a car finance broker. Thousands of...
MortgagesUK’s largest mortgage lender vows to help speed-up …March 12, 202443Lloyds Banking Group (LBG) has become the latest member of the Open Property Data Association (OPDA), committing to help speed...
BankingThe battle to stop Britain’s high street bank closuresFebruary 24, 202452Lloyds’ Nunn, who runs the country’s largest network of branches with 1,100 sites, said he had no concerns about the...
BankingBanks brace for another ‘mis-selling’ car crashFebruary 18, 202445Estimates as to just how costly vary: Citi predicts up to £9bn of possible charges for banks. HSBC analysts say...
BankingJeremy Hunt to hold summit with bank CEOs over dwindling valuationsJanuary 19, 202423According to a report by Sky News, executives from Barclays, HSBC, Lloyds Banking Group, Natwest Group and Santander UK will...
BankingWhite middle-aged men are ‘bottom of everything’ claims N word tribunal bank workerJanuary 5, 202453He is convinced that the bank, which he first joined in 1993, had “wanted to make an example of me”....