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Lloyds Banking Group

For Sale Sign

Financial Markets

IMF Urges Treasury To Speed Up Sale Of Lloyds and RBS

Speculation about a government sell-off of Royal Bank of Scotland and Lloyds Banking Group was escalating on Tuesday night amid reports that the International Monetary Fund is urging the Treasury to accelerate its disposal of the £65bn stakes in the two bailed-out banks.

Brain

Financial Markets

Best and Brightest Students Put Off Career in Banking, Warns Lloyds Chief

The "best and the brightest" students are being put off a career in banking because of the stigma attached to the industry, the boss of Lloyds Banking Group haswarned.

Departure

Financial Markets

Sir Win Bischoff To Quit Lloyds As Bank Is Readied For Privatisation

Sir Win Bischoff is to stand down as chairman of Lloyds Banking Group in the coming months when the bailed-out bank is expected to begin preparing for privatisation.

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Pot Of Gold

Financial Markets

MPs Demand Inquiry Into HBOS Directors' 'Bonuses For Going Bust'

MPs have called for an inquiry into why former HBOS bosses were given almost £1m in "bonuses for going bust".

Vince Cable At Cass

Financial Markets

Vince Cable Looks at Banning Former HBOS Directors

Three former directors of HBOS could be banned from serving as company directors after business secretary Vince Cable asked civil servants to consider whether those responsible for the bank's collapse in 2008 deserve to be disqualified.

Pair Of Scissors

Financial Markets

Lloyds Pays 25 Staff More Than £1m as it Presses on With Job Cuts

Lloyds Banking Group infuriated unions by revealing it had paid 25 staff more than £1m while continuing a redundancy programme that will lead to 45,000 job cuts and offering front-line staff below inflation pay rises.

FSA Logo

Financial Markets

Big Five UK Banks Rue 'Dire Year' as £11bn of Fines Erase Profit Gains

An increase in profits at the big five UK banks was wiped out by more than £11bn of fines and compensation payments in 2012.

Never Too Late To Be Great

Financial Markets

Mervyn King Backs Bank Nationalisation - Five Years Too Late

The mood towards the bailed-out banks turns on a sixpence. In the space of the past fortnight the government has floated the idea of a share give away of shares in Royal Bank of Scotland, ruled out a full nationalisation of the Edinburgh-based bank, and lowered the hurdle price at which the sell-offs could begin of RBS and Lloyds Banking Group.

Too Big To Fail

Financial Markets

Lloyds and RBS: Too Big To Fail – and Too Big To Manage

Hearing the CEOs of Britain's "too big to fail" banks talk up their annual results in the past few days, it was difficult not to feel a mixture of pity, respect and fear.

Small Caterpillar

Financial Markets

Firm Exec Confirms: Bonuses To Be 'Lowest of Any Bank'

The chairman of Lloyds Banking Group, Sir Winfried Bischoff, has said that employees' bonuses this year will be the 'lowest undoubtedly of any bank'.

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Lloyds Banking Group has the biggest private shareholder base in the UK and is the UK's leading provider of current accounts, savings, personal loans, credit cards and mortgages.

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