Archive for the ‘Lloyds Banking Group’ category
The stock market’s reaction to Prudential’s (LON:PRU) planned record rights issue is ungrateful. After all the mega-refinancings to fill black holes in balance sheets, this is a share issue based on expansion rather than rescue.
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Posted on 3rd March 2010 in Lloyds Banking Group, RBS | No Comments »
Why bother being boss of a big bank if you are not allowed to take the rewards? Lloyds Banking Group’s chief executive has followed Barclays’ and RBSs in bowing to public pressure in rejecting bonuses. Yet while they make the sacrifice, bankers at lower levels keep their windfalls.
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Posted on 23rd February 2010 in Banks, Barclays, Lloyds Banking Group, RBS, bonuses | No Comments »
If we don’t want banks running private-equity operations, why do we want private equity operations running banks? In the eagerness to come up with a new banking model for the post-crash era, we mustn’t simply welcome any alternative.
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Posted on 28th January 2010 in Banks, Barclays, Lloyds Banking Group, RBS | 1 Comment »
Commercial property values are rising again and no-one should be more pleased than the owners of Britain’s banks – ie, us. Balance sheet write-offs could soon be replaced by write-backs.
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Posted on 21st December 2009 in Bailout, Banks, Barclays, Lloyds Banking Group | No Comments »
The supreme court’s ruling on bank charges is a rare piece of good news for the banking sector and a rare piece of common sense imposed on regulators. It is not the Office of Fair Trading’s role to set prices.
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Posted on 26th November 2009 in Banks, Barclays, Lloyds Banking Group | 1 Comment »
Nevermind that the Bank of England kept secret for a year its massive loan to HBoS and RBS (LON:RBS), why on earth did it choose to break its silence on the day Lloyds Banking Group (LON:LLOY) announces its record rights issue?
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Posted on 25th November 2009 in Bailout, Bank Merger, Bank of England, Banks, HBOS, Lloyds Banking Group, RBS | No Comments »
How do you force banks to lend when their best customers don’t want to borrow? Make them lend to their worst customers?
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Posted on 9th November 2009 in Banks, Lloyds Banking Group, RBS | No Comments »
It’s a funny old world where Tesco (LON:TSCO) is the answer to a monopolies problem.
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Posted on 3rd November 2009 in Banks, HSBC, Lending, Lloyds, Lloyds Banking Group, Lloyds TSB | 1 Comment »
The government’s promise of three new banks looks attractive for an industry that has retreated to a Big Four offering little competition. But one of the three newcomers isn’t new and the other two are tiddlers.
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Posted on 2nd November 2009 in Bank Merger, Bank of England, Banks, Barclays, HSBC, Lloyds Banking Group | No Comments »
It’s taken a long time to get a policy statement from shadow chancellor George Osborne, but now it has come, his call for curbs on bankers’ bonuses risks generating sympathy for the villains.
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Posted on 27th October 2009 in Banks, Barclays, Government, HSBC, Lloyds Banking Group, bonuses | No Comments »