Friday 18 April 2014
 
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Lloyds

Barclays set to unveil capital plans

Barclays will this week say how it plans to meet tougher UK rules on capital, while strong earnings from Lloyds Banking Group will pave the way for Britain to sell some of its shares in the bank. Barclays, which publishes results

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Barclays set to unveil capital plans

Barclays will this week say how it plans to meet tougher UK rules on capital, while strong earnings from Lloyds Banking Group will pave the way for Britain to sell some of its shares in the bank. Barclays, which publishes results

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UK rebuffs private equity in Lloyds sale

Britain will start selling its shares in Lloyds Banking Group to pension funds and insurers later this year, rejecting interest from private equity and sovereign wealth funds, industry and political sources said. The government co

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UK to sell Lloyds-RBS shares

Britain kicked off the process of appointing advisers for a sale of its shares in Lloyds Banking Group and Royal Bank of Scotland (RBS), asking investment banks to submit proposals by July 8. UK Financial Investments (UKFI), which

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Iran tanker safety risks rise as ship audit firms quit

Western pressure that forced foreign ship classifiers out of Iran has increased safety risks including the danger of an Iranian vessel spilling oil on another country's coast, the chief executive of Lloyd's Register said.

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Lloyds sets aside $609m for compensation

Lloyds warned of a long, hard economic recovery and set aside an extra £375 million ($609 million) to compensate people mis-sold insurance, underscoring the challenge facing Britain's banks as they battle to recover from financial crisis.

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Lloyds in talks to offload UAE business

Struggling British lender Lloyds Banking Group is in talks to dispose of its operations in the UAE, with Abu Dhabi Commercial Bank emerging as the frontrunner to pick up the business, sources told Reuters on Monday. The bank, which is 40 p

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Lloyds names ME corporate banking head

Lloyds TSB has appointed Bobby Liddell as its new head of corporate banking in the Middle East, the bank said in a statement on Sunday. Liddell, who was previously senior manager for corporates at the bank in Dubai, will report to Richard

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Lloyds Aussie unit sells $1.65bn property loans

Lloyds Banking Group's Australian unit has sold A$1.7 billion ($1.65 billion) in distressed property loans to Morgan Stanley and Goldman Sachs to free up capital to focus on corporate lending and asset finance. A spokeswoman for L

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Moody's cuts RBS and Lloyds ratings

Credit rating agency Moody's downgraded Britain's part-nationalised banks Lloyds and Royal Bank of Scotland on Friday, although Britain's finance minister said UK banks were well-placed to cope with a European debt crisis. The

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