Lloyds of London

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Britain’s Chancellor of the Exchequer George Osborne walks to an appointment on the Strand in central London yesterday. Photograph: Stefan Wermuth/Reuters.

Bankers will be jailed if they recklessly endanger banks that end up having to be bailed out by the taxpayer, British prime minister David Cameron has(...)

Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, finance minister Geo(...)

Reckless bank bosses should be jailed and pay rules overhauled to end rewards for failure, according to a report by MPs and peers.The Parliamentary Co(...)

Incoming governor of the Bank of England Mark Carney  is bringing Bank of Canada’s chief spokesman to London with him, in a two-year secondment that could signal a more open style of communications under his leadership. Photograph: Reuters/Michael Buholzer

Mark Carney does not take up his role as governor of the Bank of England until next month, but he has already made what may well prove to be one of th(...)

A woman passes a cash machine at a Co-Operative Bank branch in central London today. The Co-operative Group said it had agreed a plan with Britain’s financial regulator to plug a capital shortfall of £1.5 billion at its banking unit. Photograph: Reuters/Luke MacGregor

Britain’s Co-operative Group has agreed a plan to plug a £1.5 billion (€1.76 billion) capital hole at its bank which forces bondholders to pay part of(...)

Stephen Hester who  is to step down as  chief executive of the Royal Bank of Scotland in December

Royal Bank of Scotland (RBS) will struggle to recruit a suitable replacement for ousted chief executive Stephen Hester (right), someone who must steer(...)

As a mutual organisation, owned by its members and managed for their benefit, the Co-operative is supposed to be different from other banks.

As a mutual organisation, owned by its members and managed for their benefit, the Co-operative is supposed to be different from other banks. So it see(...)

Iseq heavyweight CRH was down 0.73 per cent at ¤16.405. However the group outperformed its peers

European stocks plunged yesterday as the US Federal Reserve signalled it will scale back its stimulus if the US e(...)

DUBLIN The Iseq index was virtually unchanged from the previous day’s trading. Bank of Ireland jumped 5.4 per cent to €0.19 cent. Glanbia(...)

A sign from a branch of a Lloyds bank is reflected in a window in central London. Lloyds share rose 2.5 per cent to reach 62.5 pence at noon on Friday,  passing the 61.2 pence point the UK government sees as its break-even price, raising hopes of a sale this year. Photograph: Reuters/Stefan Wermuth

Shares in state-backed Lloyds Banking Group rose above the level that the UK government sees as its break-even price after its £20.5 billion re(...)

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