Archive for the ‘Lloyds Banking Group’ category
Vince Cable certainly thinks outside the box. After the mansion tax and graduate tax, the business secretary is now mooting allowing banks to pay bonuses only if they lend. But what can look like creative thinking from an Opposition politician can be plain daft from a government minister.
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Posted on 26th July 2010 in Lloyds Banking Group | No Comments »
Taxing the banks is popular but every pound removed from their balance sheets weakens their capital ratios. That either means weaker banks – and surely we don’t want to go there again – or lower lending.
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Posted on 1st July 2010 in Lloyds Banking Group | No Comments »
Gordon Brown’s days as UK prime minister may be numbered but he will leave a legacy for the inheritor of 10 Downing Street. The bank shares he bought amid against much opposition will go some way to squaring the country’s finances in future years.
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Posted on 27th April 2010 in Bailout, Banks, Lloyds Banking Group | No Comments »
Are these overgeared pyramids really the people to be buying Britain’s banks?
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Posted on 26th April 2010 in Bailout, Bank Merger, Banks, Barclays, Lloyds Banking Group | No Comments »
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 »