7 articles found within the last year.
Displaying results 1 - 7
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News Analysis: Insight cut down to size
Lloyds Banking Group is keeping £42bn (€47bn) of ... Lloyds unveiled the plans for its asset management ... However, the underlying staff numbers, also announced yesterday, ... Of the remaining staff, 120 are losing their ... According to a source familiar with Insight's strategies,...
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Lloyds' novel capital raising set to appeal to the wealthy
Lloyds Banking Group’s plans to raise about £7bn ... Contingent capital, which comes in the form of ... It will be marketed to institutions as well ... The common equity following the conversion effectively shores ... Amir Hoveyda, head of debt capital markets for ... Hoveyda, said: “Absent any major change in the...
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Lloyds to promote Rathbones under wealth deal
Lloyds Banking Group will refer affluent clients to ... Lloyds today confirmed in a statement that it ... The transfer is expected to complete by the ... The deal includes a distribution agreement with Rathbones, ... The deal will mean about 6,000 customers would ... The pricing of the deal is based on...
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European banks move to pay back state cash
Société Générale today became the latest European bank ... All the figures are from Bloomberg. ... In October last year France injected €10.5bn (15.3bn) ... Today, French bank Société Générale said it is ... Last week, domestic rival BNP Paribas said that ... The UK Government injected €33bn in Royal Bank...
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Lloyds to consolidate asset management, sell Insight Investment
The UK's Lloyds Banking Group on Wednesday said ... The bank is undertaking a large-scale revamp after ... The takeover of HBOS, a big mortgage lender ... Lloyds Banking Group is now the largest bancassurance ... Investment management of the funds from Halifax and ... The rest of Insight Investment -- an external...
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Banking duo's pension deficit hits £18.5bn
The Royal Bank of Scotland and Lloyds Banking ... The two groups have a combined pensions shortfall ... For RBS to return to a fully-funded position, ... Pension scheme deficits have increased in the first ... Clive Fortes, partner and head of corporate consulting ... "Given this, I expect to see many companies...
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Letter from the City: UK plans amnesty program for offshore bank accounts
In these lean times, governments are facing pressure ... The UK Treasury will launch an amnesty for ... A similar plan in 2007 brought in around ... The move comes as the UK and other ... Timms said the new plan gives offshore-account holders ... The tide is fast turning against offshore financial...
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