Edition:
United Kingdom

Lloyds Banking Group PLC (LLOY.L)

LLOY.L on London Stock Exchange

60.16GBp
17 Aug 2018
Change (% chg)

0.06 (+0.10%)
Prev Close
60.10
Open
59.95
Day's High
60.38
Day's Low
59.73
Volume
159,524,468
Avg. Vol
173,680,754
52-wk High
72.77
52-wk Low
59.41

Latest Key Developments (Source: Significant Developments)

Standard Life Aberdeen merger hedges against Brexit - chairman
Monday, 25 Jun 2018 

June 25 (Reuters) - Standard Life Aberdeen ::CHAIRMAN GERRY GRIMSTONE SAYS SLA MERGER HAS MADE COMPANY MORE GLOBAL AND AS SUCH IT IS A HEDGE AGAINST BREXIT.SLA'S GRIMSTONE SAYS 9 MONTHS AWAY FROM BREXIT BUSINESSES HAVE NO MORE CERTAINTY THAN THEY DID A YEAR AGO.SLA'S GRIMSTONE SAYS THINKS GOVERNMENT IS LISTENING ON BREXIT BUT VERY IMPORTANT MATTERS LIKE CUSTOMS UNION NEED TO BE SETTLED.SLA'S GRIMSTONE SAYS ARBITRATION WITH LLOYDS OVER CONTRACT LIKELY TO TAKE MONTHS, POSSIBLY END OF THIS YEAR.SLA'S GRIMSTONE SAYS DISAPPOINTED BY SHARE PRICE PERFORMANCE BUT CONFIDENT OF RECOVERY.  Full Article

Lloyds Banking Group Has Confirmed Plans To Cut 450 Jobs Claiming It Will Mainly Affect Back-Office Roles - Sky News
Wednesday, 20 Jun 2018 

June 20 (Reuters) - :LLOYDS BANKING GROUP HAS CONFIRMED PLANS TO CUT 450 JOBS CLAIMING IT WILL MAINLY AFFECT BACK-OFFICE ROLES - SKY NEWS.  Full Article

Lloyds Banking Group says confident in legal position regarding Standard Life Aberdeen mandate
Tuesday, 8 May 2018 

May 8 (Reuters) - Lloyds Banking Group PLC ::LLOYDS BANKING GROUP SAYS CONFIDENT IN ITS LEGAL POSITION REGARDING STANDARD LIFE ABERDEEN MANDATE.  Full Article

Standard Life Aberdeen challenges Lloyds Banking Group over axed mandate
Tuesday, 8 May 2018 

May 8 (Reuters) - Standard Life Aberdeen Plc ::STANDARD LIFE ABERDEEN - INFORMS LLOYDS BANKING IT DOES NOT AGREE MERGER WITH ABERDEEN ASSET MANAGEMENT WAS IN MATERIAL COMPETITION IN U.K. WITH LBG.STANDARD LIFE ABERDEEN - DOES NOT CONSIDER LBG, SCOTTISH WIDOWS OR THEIR RESPECTIVE AFFILIATES HAS RIGHT TO TERMINATE LONG-TERM ASSET MANAGEMENT PACTS.SAYS PARTIES ARE ENGAGING WITH EACH OTHER WITHIN FRAMEWORK OF DISPUTE RESOLUTION PROCESS ENVISAGED IN IMAS.  Full Article

Meggitt To Dispose Precision Micro Business For 22.5 Mln Stg In Cash
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Meggitt PLC ::DISPOSAL OF PRECISION MICRO.HAS SOLD PRECISION MICRO, SPECIALISTS IN PRODUCTION PHOTO ETCHING FOR AUTOMOTIVE AND MEDICAL SECTORS, TO LDC, PRIVATE EQUITY ARM OF LLOYDS BANKING GROUP FOR £22.5 MILLION IN CASH.DURING YEAR TO 31 DECEMBER 2017, PRECISION MICRO GENERATED £15 MILLION REVENUE.  Full Article

Lloyds Banking cutting further 305 jobs, axing 49 branches across UK - Press Association
Tuesday, 17 Apr 2018 

April 17 (Reuters) - :LLOYDS BANKING GROUP SAYS IT IS CUTTING A FURTHER 305 JOBS AND AXING 49 BRANCHES ACROSS THE UK - PRESS ASSOCIATION.  Full Article

Terra Firma Capital Partners Appoints Vivek Ahuja As CFO
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Terra Firma Capital Partners Ltd [RIC:RIC:TERA.UL]::TERRA FIRMA CAPITAL PARTNERS LTD - ANNOUNCEC APPOINTMENT OF VIVEK AHUJA, FORMER DEPUTY GROUP CFO OF STANDARD CHARTERED, TO ROLE OF GROUP CFO.TERRA FIRMA CAPITAL PARTNERS LTD - HE JOINS TERRA FIRMA FROM LLOYDS BANKING GROUP.  Full Article

Lloyds Banking Group Comments On Bank Of England Stress Test
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Lloyds Banking Group Plc ::BANK OF ENGLAND 2017 STRESS TEST PASSED.‍GROUP IS NOT REQUIRED TO TAKE ANY CAPITAL ACTION AS A RESULT OF THIS STRESS TEST​.‍LLOYDS BANKING GROUP PASSES BANK OF ENGLAND 2017 STRESS TEST​.  Full Article

Lloyds Banking to buy Zurich UK workplace pensions and savings unit
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Lloyds Banking Group Plc ::ACQUISITION OF ZURICH PENSIONS & SAVINGS BUSINESS.‍ENTERED INTO AN AGREEMENT WITH ZURICH TO ACQUIRE ITS UK WORKPLACE PENSIONS AND SAVINGS BUSINESS WITH ASSETS UNDER ADMINISTRATION OF 19 BILLION STG​.‍ACQUISITION IS EXPECTED TO PARTIALLY CLOSE IN Q1 OF 2018​.  Full Article

UK's CMA looks at Lloyd's anticipated purchase of MBNA from Bank of America
Thursday, 16 Mar 2017 

UK's CMA (Competition and Markets Authority):Considering whether anticipated acquisition by Lloyds Banking Group Plc of MBNA Limited has resulted in creation of a relevant merger.  Full Article

Photo

FTSE heads higher as miners recover

LONDON The UK's top share index edged higher on Thursday, led by a strong rise in beaten-down mining stocks as news of fresh U.S.-China trade talks lifted sentiment across markets and sectors.