Anglo American shares rocket; Lloyds share sale axed
Anglo American saw its shares rocket 15% on news it has decided to cut around 4000 jobs and increased iron ore production.
Lloyds
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Lloyds shareholders launch court battle over HBOS takeover
Thousands of Lloyds Bank shareholders, including various large investment funds domiciled in the UK, Europe, the US, Canada and Asia, have kick-started a legal battle after it was alleged the bank’s takeover of HBOS was a bad deal for investors.
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Lloyds expands expat service for non-doms in UK
Lloyds Bank has announced an expansion of its London Expat Service to tap to the growing number of high net worth individuals moving into the UK.
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RL360° to purchase Clerical Medical Int’l
Isle of Man-headquartered, RL360° Group, is to buy the international life arm of Lloyds Banking Group, Clerical Medical International Insurance Company (CMI).
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Lloyds Private Banking launches retirement planner
Lloyds Bank has launched a new financial planning tool in the wake of the UK pension reforms to help its private banking clients plan for their retirement.
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Lloyds puts offshore tax planning arm up for sale
Lloyds Banking Group has reportedly put its offshore investment and tax planning business, Clerical Medical International (CMI), up for sale.
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Lloyds and RBS plan move out of
Lloyds and RBS have both confirmed that they could re-domicile to the UK if Scotland votes for independence in next weeks referendum.
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Lloyds Group fined 105m by FCA over SLS
Lloyds Banking Group has been fined £105m by the FCA over extremely serious SLS and LIBOR rigging in the regulators third highest fine of all time.
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One year on still bullish Buxton likes Barclays
After one year in his new position as head of equities at Old Mutual Global Investors, Richard Buxton explains why he remains bullish and what he likes at the moment.
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capita insurance launches processing
Capita Insurance Services has launched a new central processing platform for Lloyd’s insurance group in Singapore that is designed to help brokers and managing agents in their policy administration.
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big banks top FCA complaints list after
Barclays Bank has topped the Financial Conduct Authority’s list of most complained about firms, with Lloyds, Bank of Scotland and Santander UK following closely behind.
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financial market worries grow among expats
Concerns over swings in the financial markets are growing among British expatriate investors, according to a recent survey from Lloyds TSB International.