Banking Put

Lloyds Banking Group is understood to have received just a few first-round indicative bids for the branches ahead of last week's deadline, with several players backing off or delaying bids due to the...

THE British banking sector suffered a further blow today as High Street lenders Lloyds Banking Group and HSBC announced 15,700 jobs are to go.

Britain's state-rescued Lloyds Banking Group announced on Thursday that it will axe 15,000 jobs in a new cost-savings plan that is designed to save £1.5 billion ($2.4 billion, 1.6 billion euros) by...

Lloyds banking Group's new chief executive swung the axe yesterday, announcing 15,0000 job cuts on top of the 28,000 already made at the state-backed bank in the past two years.

LONDON, UNITED KINGDOM--(Marketwire - 06/30/11) - The Lloyds Banking Group has today announced plans to cut 15,000 more jobs, raising to 42,000 the total number of roles axed since the merging of Lloyds...

FTSE: 5,945.71 (+89.76) Mid-250: 11,934.04 (+134.89) Small Cap: 3,272.86 (+26.65):LLOYDS BANKING topped the FTSE 100 yesterday, after the part-nationalised high street bank outlined plans to save costs,...

LONDON (Reuters) - The Treasury wants advance knowledge of how many bank branches Lloyds Banking Group should sell to boost competition, the Sunday Telegraph reported late on Saturday. Citing senior...