Lloyds
Investment
Lloyds Banking Group has reported a pre-tax loss of £3.5bn for 2011, while warning shareholders to prepare for more pain as it forecasts a decline in revenues for 2012.
24 February 2012
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Investment
M&G tops both retail sales lists as investors seek out bond funds, while BlackRock's active and passive vehicles also prove popular.
20 February 2012
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2 min read
Financial services
Eric Daniels, Lloyds' former chief executive, will lose £580,000 or 40% of the 2010 bonus he was due to be awarded in deferred shares.
20 February 2012
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Investment
Lloyds Banking Group chief executive António Horta-Osório said he will not take an annual bonus for 2011, a year in which the company's shares fell by 60%.
13 January 2012
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Economics
Fidelity's Sanjeev Shah has reduced his holding in part-nationalised lender Royal Bank of Scotland (RBS) following a tough year for financials in 2011.
10 January 2012
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3 min read
Economics
Two of the UK's major tax-payer backed banks are facing three years of further writedowns, according to Barclays Capital analysts.
06 January 2012
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Financial services
The Financial Services Authority's (FSA) report into the failure of HBOS is being delayed by a legal challenge from Peter Cummings, a former senior executive at the bank.
04 January 2012
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Financial services
US shareholders in Lloyds at the time of its takeover of HBOS have launched lawsuits against the bank, its former chairman, Sir Victor Blank, and ex-chief executive Eric Daniels.
03 January 2012
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Economics
Economists have warned the Independent Commission on Banking (ICB)'s plans to ringfence UK banks' retail and investment divisions could threaten economic growth.
19 December 2011
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1 min read
