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Extreme cyber-attack could cost $53bn: Lloyd’sA major global cyber-attack has the potential to trigger up to $53 billion of economic losses, according to a scenario described in new research by Lloyd’s, the world’s specialist insurance market, and Cyence, a leading cyber risk an More… |
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Lloyds plans 3,000 jobs cull after Brexit shockLloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union. Bri More… |
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Lloyds plans 3,000 jobs cull after Brexit shockLloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union. Bri More… |
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Britain cuts Lloyds stake as full privatisation loomsBritain has cut its stake in Lloyds Banking Group by a further percentage point to under 15 per cent, accelerating its drive to return the bailed-out lender to full private ownership. The latest sale means the government has so fa More… |
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Lloyds Bank to sell more shares in TSBLloyds Banking Group is to sell a further 11.5 per cent stake in TSB Banking Group, leaving it with a 50 per cent shareholding in a business it was ordered to shed by European regulators. Lloyds said it would sell another 57.5 mil More… |
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Oil and gas R&D spending to jump 10pcOil and gas research and development spend will increase by at least 10 per cent in 2015, a new global survey has found. The new research by Lloyd's Register Energy explores the drivers for technology and innovation in t More… |
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Barclays set to unveil capital plansBarclays 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 More… |
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Barclays set to unveil capital plansBarclays 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 More… |
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UK rebuffs private equity in Lloyds saleBritain 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 More… |
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UK to sell Lloyds-RBS sharesBritain 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 More… |
