The bank’s profits were boosted by the release of £459 million that had been set aside for expected bad loans. File photograph: Andrew Matthews/PA Wire

Lloyds Banking Group reported better than expected profits for the first three months of the year, in the last set of results before Chief Executive (...)

Credit Suisse announced a net loss of $274 million in first quarter on April 22nd. Photograph:  by Fabrice Coffrini/AFP via Getty Images

Credit Suisse is raising $2 billion from investors and cutting the hedge fund unit at the center of the Archegos Capital Management losses as chief ex(...)

Lloyds Bank: set to cut office space by a fifth within three years as it looks to capitalise on remote working habits triggered by the pandemic. Photograph: Andy Rain

Lloyds Banking Group’s outgoing chief executive. António Horta-Osório, set out fresh targets to expand the lender’s insurance and wealth business and (...)

Lloyds Banking Group saw profits tumble by 72 per cent in 2020, as it battled with the economic fallout of the coronavirus pandemic. The bank revealed(...)

António Horta-Osório will become the first non-Swiss national chairman in Credit Suisse’s history, and will move to Switzerland.

Credit Suisse has appointed António Horta-Osório as its next chairman, picking the outgoing chief executive of Lloyds Bank to help steer the lender th(...)

Lloyds said it was starting to see an encouraging recovery after it took serious hits from the Covid-19 pandemic. Photograph: Nick Ansell/PA Wire

Lloyds Banking Group Plc swung to a profit of more than £1 billion in its third quarter, helped by a buoyant UK housing market and the lower-than-expe(...)

Lloyds Bank Group set aside £2.4bn to cover potential bad loans. Photograph: iStock

Lloyds Banking Group swung to a rare pretax loss in the first half of 2020, after setting aside a bigger-than-expected £2.4 billion second-quarter pro(...)

Antonio Horta-Osorio: the chief executive of  Lloyds Banking Group  will step down next year. Photograph: Andrew Cowie/AFP/Getty Images

António Horta-Osório, the long-serving chief executive of Lloyds Banking Group, will step down next year after the arrival of a new chairman. Lloyds (...)

People  queueing  outside  a Lloyds bank in England. The bank’s first-quarter profit was all but erased after it set aside £1.4bn  for likely bad loans. Photograph:  Getty Images

The chief executive of Lloyds Banking Group said in a statement at the bank’s annual investor meeting on Thursday that the lender was resilient enough(...)

Lloyds disclosed in its 2013 annual report that HMRC had rejected how the bank had used losses built up by its defunct Bank of Scotland (Ireland) unit after the crash. Photograph: Nick Ansell/PA Wire

Lloyds Banking Group, which has been in a standoff for more than six years with UK authorities over the tax treatment of Irish crisis-era losses, has (...)

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