Lloyds Banking Group
Lloyds and Schroders to scrap UK wealth joint venture
Schroders Personal Wealth has struggled to grow assets despite its ambition to become a top financial planning business in five years
2 min read
Lloyds Banking Group plans staff cuts in cull of underperformers
The UK lender is set to introduce a new assessment system to increase turnover
1 min read
Lloyds Banking Group sets new bonus cap at eight times salary
The UK lender has set a lower limit than its rivals as banks continue to overhaul compensation structures
2 min read
Schroders Personal Wealth names ex-Close Brothers fund boss director
Martin Andrew joins the board of Schroders and Lloyds Banking Group’s wealth joint venture amid a hiring spree
2 min read
Lloyds Bank slashes risk management jobs in bid to speed up progress
Lloyds Banking Group to cut risk management roles as it shakes up the unit
2 min read
The Fintech Files: Banks are going after fintechs. Should they be worried?
Your guide to the week’s biggest fintech stories
3 min read
Lloyds Bank teams up with BlackRock in ETF offer for DIY investors
Europe's competitive ETF market is becoming increasingly attractive to asset managers, despite the dominance of the three top players — iShares, Amundi and Xtrackers
2 min read
Lloyds posts £2.2bn Q1 profit
Costs increased 5% on year in the period to £2.2bn on higher planned strategic investment, new business costs and inflationary effects
1 min read
Lloyds profit rose 81% to £1.7bn in fourth quarter
The FTSE 100 listed bank’s net income rose to £5bn from £4.12bn for the year-earlier period, beating consensus’ £4.69bn estimate
1 min read
Stephen Fry, Emma Thompson and climate activists call on HSBC, Barclays to stop funding fossil fuels
'Weird and wonderful coalition of activists and actors' sign open letter from Make My Money Matter calling out big five UK banks for being in 'a dangerous relationship with the fossil fuel industry'
4 min read
HBOS, Fidelity, Jupiter top £10.7bn ‘dog funds’ list
More than 30 funds with £10.7bn of investor money have been singled out as the UK’s worst performers
Lloyds hires Barclays exec to lead debt capital markets, securitised product units
Bank looks to target financial institutions clients as teams are restructured
Meet Charlie Nunn – Lloyds’ new CEO – on his first day in the job
Meet Charlie Nunn, the new man at the top of a banking giant
2 min read
FCA hits Lloyds with £90m fine for misleading insurance customers
Bank has also paid £13.6m to compensate customers
2 min read
Nationwide reviews crypto policy as UK banks crack down on Binance
Rising popularity in cryptocurrencies and regulatory scrutiny on exchanges such as Binance weighs on UK lenders
3 min read
Lloyds first quarter profit shoots past analyst expectations
Statutory after-tax profit rose to £1.40bn from £480m
1 min read
