LLOY.L - Lloyds Banking Group plc

LSE - LSE Delayed Price. Currency in GBp
67.00
+0.01 (+0.01%)
At close: 5:10PM BST
Stock chart is not supported by your current browser
Previous Close66.99
Open67.25
Bid66.50 x 2429200
Ask67.97 x 2154700
Day's Range66.90 - 67.56
52 Week Range53.25 - 73.58
Volume138,803,272
Avg. Volume151,255,518
Market Cap48.18B
Beta0.85
PE Ratio (TTM)31.90
EPS (TTM)2.1
Earnings DateN/A
Forward Dividend & Yield0.03 (4.11%)
Ex-Dividend Date2017-08-10
1y Target Est74.10
  • Reuters2 days ago

    Lloyds investor lawsuit over HBOS deal 'fundamentally flawed', court hears

    Lloyds Banking Group (LLOY.L) saw a "unique opportunity" in buying struggling rival HBOS during the credit crisis and an investor lawsuit is "fundamentally flawed", a lawyer for the bank told London's High Court on Thursday. Helen Davies defended Lloyds' actions during the takeover on the second day of a 14-week London trial in which about 6,000 investors are claiming more than 550 million pounds in damages. Lloyds, Britain's largest retail bank, and the individual defendants deny any wrongdoing.

  • Lloyds investor lawsuit over HBOS deal 'fundamentally flawed', court hears
    Reuters2 days ago

    Lloyds investor lawsuit over HBOS deal 'fundamentally flawed', court hears

    Lloyds Banking Group (LLOY.L) saw a "unique opportunity" in buying struggling rival HBOS during the credit crisis and an investor lawsuit is "fundamentally flawed", a lawyer for the bank told London's High Court on Thursday. Helen Davies defended Lloyds' actions during the takeover on the second day of a 14-week London trial in which about 6,000 investors are claiming more than 550 million pounds in damages. Lloyds, Britain's largest retail bank, and the individual defendants deny any wrongdoing.

  • Financial Times2 days ago

    [$$] Lloyds describes shareholder lawsuit as 'flawed at every level'

    A £550m lawsuit brought by shareholders against Lloyds Banking Group and ex-directors is "fundamentally flawed at every level", the bank told the High Court. Lloyds and five former directors ...

  • Bloomberg3 days ago

    HBOS a ‘Once-In-a-Lifetime’ Deal for Lloyds

    Lloyds Banking Group Plc’s takeover of the failing HBOS Plc during the global financial crisis was a "once-in-a-lifetime" opportunity, the bank’s lawyers said in dismissing investor allegations ...

  • Forbes3 days ago

    Lloyds Prepares For The Future With Real-Time SAP Core Banking Components

    Lloyds bank prepares for the future with SAP core banking to add sophisticated features like real-time positions and virtualized accounts.

  • Reuters3 days ago

    PRESS DIGEST- British Business - Oct 19

    The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Reckitt Benckiser Group Plc has ...

  • Ex-Lloyds bank bosses used 'spin and puff' in HBOS deal, court told
    Reuters4 days ago

    Ex-Lloyds bank bosses used 'spin and puff' in HBOS deal, court told

    Former bosses of Lloyds Banking Group (LLOY.L) used "spin and sales puff" to win over investors and secure a "disastrous" acquisition of rival HBOS during the credit crisis, a lawyer for thousands of shareholders told London's High Court on Wednesday. Around 6,000 Lloyds investors, who are seeking around 550 million pounds in damages, allege that five former directors at Lloyds, including ex-CEO Eric Daniels, concealed information about HBOS's financial position in 2008 and 2009 and breached their duties by recommending the purchase. On the first day of a 14-week London trial, the claimant's lawyer Richard Hill told the court that the deal saved HBOS from nationalisation but looked like a catastrophe for Lloyds within days of completion in early 2009.

  • Reuters4 days ago

    Ex-Lloyds bank bosses used "spin and puff" in HBOS deal, court told

    Former bosses of Lloyds Banking Group used "spin and sales puff" to win over investors and secure a "disastrous" acquisition of rival HBOS during the credit crisis, a lawyer for thousands of shareholders told London's High Court on Wedesday. Around 6,000 Lloyds investors, who are seeking around 550 million pounds ($724 million) in damages, allege that five former directors at Lloyds, including ex-CEO Eric Daniels, concealed information about HBOS's financial position in 2008 and 2009 and breached their duties by recommending the purchase. On the first day of a 14-week London trial, the claimant's lawyer Richard Hill told the court that the deal saved HBOS from nationalisation but looked like a catastrophe for Lloyds within days of completion in early 2009.

  • Financial Times4 days ago

    [$$] Lloyds shareholders 'mugged' by bank over HBOS takeover

    Lloyds Banking Group shareholders were "mugged" by the bank on its acquisition of HBOS, it was claimed in the High Court at the start of a blockbuster trial that is set to rake over Lloyds' disastrous ...

  • Bloomberg4 days ago

    Lloyds ‘Mugged’ Shareholders Into 2009 HBOS Deal, Lawyer Says

    Lloyds Banking Group Plc mugged shareholders into agreeing to the “catastrophic” HBOS deal struck at the height of the global financial crisis, a lawyer representing thousands of investors suing the bank ...

  • Lloyds Can't Shake Troubled Past in Suit Over HBOS Takeover
    Bloomberg5 days ago

    Lloyds Can't Shake Troubled Past in Suit Over HBOS Takeover

    Lloyds Banking Group Plc will be forced to relive a turbulent period in its 252-year history as former executives line up to testify at a London investor trial over its decision to take over the ailing ...

  • Financial Times8 days ago

    [$$] High Court to hear £600m case over Lloyd's takeover of HBOS

    Senior executives at the UK financial regulator were aware of a £10bn loan facility given to help rescue HBOS at the height of the 2008 banking crisis, it has been claimed in a High Court lawsuit that ...

  • Lloyds buys Zurich UK's pensions, savings business
    Reuters9 days ago

    Lloyds buys Zurich UK's pensions, savings business

    Lloyds Banking Group (LLOY.L) has agreed to buy Zurich Insurance's (ZURN.S) UK workplace pensions and savings business as it expands its retirement business, the bank said on Thursday. The deal "is a clear signal of Lloyds Banking Group's commitment to the financial planning and retirement segment", said Antonio Lorenzo, Lloyds' director of insurance and wealth and chief executive of its life insurance business Scottish Widows. Zurich Insurance is in the middle of a major strategy overhaul, which involves simplifying the group's structure, cutting $1.5 billion in costs and shaping up its underperforming general insurance unit.

  • Financial Times10 days ago

    [$$] Lloyds Banking Group buys Zurich's UK pensions and savings unit

    Lloyds Banking Group has struck a deal to acquire £19bn of pensions and savings assets from Zurich UK as part of a new strategic plan to expand in the retirement market. The bank said the deal is aimed ...

  • UK lenders plan biggest consumer lending curb since late 2008 -BoE
    Reuters10 days ago

    UK lenders plan biggest consumer lending curb since late 2008 -BoE

    British lenders are planning the biggest cutback in consumer loans in nearly 10 years, the Bank of England said on Thursday, after it warned repeatedly about the strong pace of lending to households. The BoE's quarterly net balance of lenders' expectations for the availability of unsecured lending over the next three months fell to -28.6 from -16.2. The BoE has said there is no overall debt bubble in Britain but it has expressed concern about consumer debt, which had been growing at about 10 percent a year.

  • Financial Times10 days ago

    [$$] Lloyds knew about the massive fraud for 10 years

    Sir, I read with a certain amount of surprise the letter (October 10) from Lord Norman Blackwell and António Horta-Osório, the chairman and chief executive of the Lloyds Banking Group. It does not reflect ...

  • Reuters10 days ago

    MOVES- Venbrook Group, Harvest Global, Pine River Capital, Credit Suisse

    The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. VENBROOK GROUP LLC The independent insurance brokerage ...

  • Domestic banks help FTSE edge ahead
    Reuters11 days ago

    Domestic banks help FTSE edge ahead

    Britain's top share index ended at a two-month high on Tuesday after domestic banks Royal Bank of Scotland and Lloyds rose following a broker upgrade on hopes of a softer exit from the European Union. Britain's blue-chip FTSE 100 (.FTSE) index was up 0.4 percent at 7,538.27 points at its close, while the more domestically-focused mid-cap (.FTMC) index added 0.2 percent, boosted by some well-received earnings updates. After hitting record highs in May thanks to the weakness in the pound that followed Britain's decision to leave the EU, the rally in the FTSE has lost steam as sterling strengthened and the Bank of England turned more hawkish.

  • Financial Times13 days ago

    [$$] A festering scandal saps public trust in Lloyds

    A decade on from the global financial crisis, almost no one has been held accountable for the excesses that led to the crash. True, it has been hard to single out culprits when so many were complicit - ...

  • Bank of England says Brexit transition deal needed by Christmas
    Reuters17 days ago

    Bank of England says Brexit transition deal needed by Christmas

    Britain's banks need a watertight Brexit transition deal by Christmas to avoid a potentially disorderly shift of people and operations to the European Union, a top Bank of England official said on Wednesday. BoE Deputy Governor Sam Woods said that while the British government wants a deal to bridge leaving the EU in March 2019 and the start of new trading terms, the EU's position was still unclear and the clock was ticking. "If we get to Christmas and the negotiations have not reached any agreement on this topic, diminishing marginal returns will kick in," Woods told the annual City Banquet in London's "Square Mile" financial district.

  • Reuters17 days ago

    Bank of England says Brexit transition deal needed by Christmas

    Britain's banks need a watertight Brexit transition deal by Christmas to avoid a potentially disorderly shift of people and operations to the European Union, a top Bank of England official said on Wednesday. BoE Deputy Governor Sam Woods said that while the British government wants a deal to bridge leaving the EU in March 2019 and the start of new trading terms, the EU's position was still unclear and the clock was ticking. "If we get to Christmas and the negotiations have not reached any agreement on this topic, diminishing marginal returns will kick in," Woods told the annual City Banquet in London's "Square Mile" financial district.

  • Reuters19 days ago

    Bank of England sees Brexit risks to EU bank lending in UK and clearing

    Brexit poses risks to the ability of British companies to borrow from European banks and to some clearing activity which might have to relocate from London once Britain leaves the EU, the Bank of England said on Tuesday. Banks from the bloc and other associated countries accounted for around 10 percent of lending to British companies, the BoE's Financial Policy Committee (FPC) said in a summary of its most recent meeting held on Sept. 20.

  • Investopedia19 days ago

    Largest Shareholders of Lloyds Bank

    After being taken over by the British government, the storied bank is now back in private hands. Here are the largest shareholders of Lloyds Bank.