Last $5.07 USD
Change Today -0.02 / -0.39%
Volume 1.7M
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As of 1:11 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

lloyds banking group plc-adr (LYG) Key Developments

Lloyds Banking Group Cuts 500 Roles in Strategic Review

Lloyds Banking Group is set to cut 500 roles across its group finance and retail arms as part of its strategic review. The bank has already cut 1,080 roles in January and 645 roles in May this year alone. The cuts are part of a strategic review announced in 2011 which Lloyds said could lead to a role reduction of 15,000. Including the latest announcement, the bank has cut 13,555 roles. The bank said around 175 roles are filled with vacant posts and temporary staff and it aims to relocate as many staff as possible to different areas of the business.

Lloyds Banking Group plc Reports Group Earnings Results for the Second Half and Full Year Ended December 31, 2013

Lloyds Banking Group plc reported group earnings results for the second half and full year ended December 31, 2013. For the year, on underlying basis, the company reported net interest income of £10,885 million, total underlying income was £18,805 million and underlying profit was £6,166 million. For the second half, on underlying basis, the company reported net interest income of £5,679 million, total underlying income was £9,341 million and underlying profit was £3,264 million.

Lloyds Banking Group plc Reports Restated Group Earnings Results for the Year Ended December 31, 2013

Lloyds Banking Group plc reported restated group earnings results for the year ended December 31, 2013. For the year, the company now reported net interest income of £10,885 million, total underlying income of £18,805 million and underlying profit of £6,166 million.

Lloyds Banking Group plc Presents at Goldman Sachs European Financials Conference, Jun-12-2014

Lloyds Banking Group plc Presents at Goldman Sachs European Financials Conference, Jun-12-2014 . Venue: InterContinental Madrid, Paseo De La Castellana 49, 28046 Madrid, Spain.

Lloyds Banking Group plc Appoints Simon Henry as Independent Non-Executive Director, Member of Audit and Risk Committees, Effective from 26 June 2014

Lloyds Banking Group plc announced the appointment of Simon Henry as an independent Non-executive Director of the Group with effect from 26 June 2014. Mr. Henry will serve as a member of the Group's Audit and Risk Committees. Simon Henry is the Chief Financial Officer and an Executive Director of Royal Dutch Shell plc, a position he has held since May 2009, with responsibility for Shell's Finance, IT, Strategy and Planning functions. Previously, he was Shell's Chief Financial Officer for Exploration & Production from 2004 to 2009 and Head of Group Investor Relations from 2001 to 2004.

 

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Company Last Change
Australia & New Zealand Banking Group Ltd A$33.16 AUD -0.02
Royal Bank of Canada C$78.16 CAD -0.34
Bank of Nova Scotia C$71.83 CAD -0.33
US Bancorp/MN $43.05 USD -0.33
Westpac Banking Corp A$33.75 AUD -0.10
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TEV/Sales 3.2x
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