Lloyds Banking Group has agreed to sell its shareholding in TSB to Spanish bank Sabadell, in a deal which will value the bank at £1.7bn.
Some of the biggest banks in the US have been given the green light to pay their largest dividends since the financial crisis, following the Federal Reserve's 'stress test'.
There are plenty of mispriced contrarian investment ideas in Japan, writes Eastspring Investments' Dean Cashman.
Rob Burnett's decision to retain a contrarian position to peripheral banks in his Neptune European Opportunities fund has dragged on performance in recent years.
Lloyds Banking Group is finally beginning to look attractive again for income managers as it restarts dividend payments for the first time since the crisis.
Lloyds Banking Group is to start paying dividends again for the first time in six years, set to be 0.75p per share for 2014.
US financials' increasing attraction to income investors makes the US equity income landscape reminiscent of that seen in the 1980s, according to Threadneedle head of US equities Diane Sobin.
Greek bank shares have tumbled as the country's new prime minister Alexis Tsipras told his first cabinet meeting he will "radically change the way that policies and administration are conducted".
Shrinking supply in the bank debt sector could be reversed if the Total Loss Absorption Capital rules come to pass, but will bank bonds become riskier? Annabelle Williams reports.