The sensible solution here is the boring one: the UK state has a big minority position in a major company, so it should reduce it as demand permits

The explanation that the US investment bank had waived its lock-up agreement with the UK bank as it sells a £450m stake has surprised investors

Lloyds Banking Group sells 77 million shares in St James's Place.

Lloyds Banking Group PLC is looking to auction about $8.7 billion of U.S. mortgage securities, a person with knowledge of the sale said Thursday.

A significant part of the dollar’s strength has been expectations the Fed will soon trim quantitative easing, but Lloyds thinks such talk is premature

State-backed bank takes advantage of wealth manager’s high share price to continue disposal programme and bolster its capital position

LONDON, May 23 (Reuters) - State-backed Lloyds Banking Group said it had raised 450 million pounds ($677 million) from the sale of 15 percent of wealth manager St. James's Place to boost its capital.

Lloyds Banking Group PLC (LLOY.LN) Thursday said 77 million shares of St James's Place PLC (STJ.LN) have been placed at a price of 5.80 pounds per share, giving gross proceeds of GBP450 million.

Lloyds and RBS do not have to issue shares or sell securities to meet fresh regulations, however, shortfalls remain

Lloyds Banking Group reassures by saying that it is unlikely to need to raise further funds from shareholders.

LONDON (Reuters) - State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its shares.

Royal Bank of Scotland and Lloyds won't need to tap investors or taxpayers for new funds to bolster their financial strength as they prepare for return to the private sector.

LONDON (Reuters) - State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its shares.

State-backed British lenders Lloyds Banking Groupand Royal Bank of Scotlandhave agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its shares.

Lloyds Banking Group, Intermediate Capital, and Quindell Portfolio all rise on good news.

Two of Britain’s largest banks, Royal Bank of Scotland and the Lloyds Banking Group, outlined plans on Wednesday to increase their capital reserves.

LONDON (Reuters) - Britain's financial regulator said it had finalized capital requirements for Royal Bank of Scotland and Lloyds Banking Group and was comfortable with their plans.

Britain's financial regulator said it had finalized capital requirements for Royal Bank of Scotlandand Lloyds Banking Groupand was comfortable with their plans.

* To meet requirements from cash generation, non-core sales

Lloyds Banking Group says it will be able to meet new capital requirements without issuing new shares or securities.

Lloyds Banking Group PLC (LYG) said Wednesday that it is confident it can strengthen its capital position as demanded by the U.K. regulator without issuing new shares or being forced to convert bonds into shares.

Part-nationalised bank says it will not need to issue new equity to satisfy Prudential Regulatory Authority requirements on capital levels

Lloyds Banking Group said that it is confident it can strengthen its capital position as demanded by the U.K. regulator without issuing new shares or being forced to convert bonds into shares.

Lloyds Banking Group PLC (LLOY.LN) said Wednesday it expects to meet its additional capital requirements without issuing further equity or additional contingent capital securities, citing the outcome of the Prudential Regulation Authority's (PRA) con

* To meet requirements from cash generation, non-core sales

Disposing of the public holdings in Royal Bank of Scotland Group PLC (RBS, RBS.LN) and Lloyds Banking Group PLC (LYG, LLOY.LN) should be a priority for the U.K. government, the International Monetary Fund is expected to say Wednesday, according to Th

High street retailers have long offered incentives to regular customers, usually through loyalty cards to build up points to redeem against purchases

OFT will wait for branch sales by Lloyds and RBS before considering competition

Lloyds Banking Group's share price reaches the level

LONDON (Reuters) - Shares in state-backed Lloyds Banking Group on Friday rose above the level which the government regards as its break-even price following its 20.5 billion pound ($31.4 billion)...

* Shares reach 63.3 pence, above 61.2 pence break-even level

* Shares reach 63.3 pence, above 61.2 pence break-even level

Britain's part state-owned banks continued their efforts to shed government support, as Lloyds Banking Group forecast a return to profit and Royal Bank of Scotland said it would cut 1,400 more jobs.

The banking group’s share price rose to within a whisker of the level the government would break even, raising the prospect of a sale of its stake

* Bank awaiting clarity from regulator on capital position

* Bank awaiting clarity from regulator on capital position

LONDON (Reuters) - State-backed Lloyds Banking Group said on Thursday that 95.91 percent of shareholders at its annual general meeting approved its executive pay plan in 2012.

LONDON, May 16 (Reuters) - State-backed Lloyds Banking Group said on Thursday that 95.91 percent of shareholders at its annual general meeting approved its executive pay plan in 2012.

EDINBURGH (Reuters) - The chances of Britain selling its stake in Lloyds improved during 2012 and the government should be able to start offloading its shares "over time", the bank's chairman told shareholders on Thursday.

Lloyds Banking Group PLC (LYG) will return to profitability this year, its chief executive said Thursday, furthering the prospect that the U.K. government will soon start selling down its stake in the bank.

EDINBURGH, May 16 (Reuters) - For more see

Lloydshopes to restart dividend payments as soon as possible and the government will be able to sell its shares in the part-nationalized bank "over time", its chairman said on Thursday.

EDINBURGH, May 16 (Reuters) - Lloyds hopes to restart dividend payments as soon as possible and the government will be able to sell its shares in the part-nationalised bank "over time", its chairman said on Thursday.

Below are the top large-cap foreign money center banks stocks on the NYSE and the NASDAQ in terms of PEG ratio.Lloyds Banking Group plc (NYSE: LYG) has a PEG ratio of 0.22. Lloyds Banking had $415.37 billion in total cash for the latest quarter.Banco

Bank needs a chairman who can liaise with management, regulators, government and investors and pave the way for that reprivatisation exercise

Lloyds Banking Group, IT and IQE all slip.

Lloyds Banking Group PLC (LYG) on Monday said its chairman, Winfried Bischoff, will retire from the bank by May 2014, the latest sign that the restructuring at the part-nationalized lender is close to complete.

LONDON, May 13 (Reuters) - Lloyds Banking Group Plc Chairman Win Bischoff is to retire in the next year, handing the reins to a successor who must steer it through a potentially risky multi-billion pound government share sale.

LONDON, May 13 (Reuters) - Lloyds Banking Group Plc Chairman Win Bischoff is to retire in the next year, handing the reins to a successor who must steer it through a potentially risky multi-billion...