Lloyds’ plans for Schroders tie-up set to rattle advisers
Industry speculates on where it will find 700 advisers to deliver its £25bn target
Lloyds Banking Group
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Scottish Widows reveals JB Beckett exit same week as Schroders deal
Fund selector’s exit comes as parent company Lloyds reveals its latest results
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Standard Life Aberdeen challenges Lloyds over axed £109bn contract
Standard Life Aberdeen has challenged Lloyd Banking Group’s decision to pull out of a £109bn contract, arguing that there are no material competition concerns.
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Lloyds hands £1bn to shareholders after ‘landmark year’
Lloyds Banking Group has promised a £1bn share buyback, following a “landmark year” which saw it return to private ownership and profit rise 24%.
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Failed Scottish Widows merger behind Lloyds’ £109bn exit
A failed merger between Lloyds Banking Group’s subsidiary Scottish Widows and Standard Life Aberdeen’s pension and assurance arm was behind the FTSE 100 bank’s decision to terminate its contract with the fund group, it was revealed over the weekend.
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Is this the end for bitcoin?
Since the new year, the cryptocurrency bitcoin has faced extreme volatility, and last week, it suffered further setback. But is this just a temporary blip or could this be the end for bitcoin?
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Barclays’ loss sparks fears ‘good bank is getting worse’
Barclays seems to have got a handle on its “bad bank”, but it nevertheless swung to a loss over the first half of the year, leaving analysts feeling “the good bank is getting worse”.
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Lloyds’ past scandals spook share price
Shareholders in the FTSE 100 bank were hit with a double whammy on Thursday, as it agreed to set aside £300m to redress mortgage arrears and posted lower profits due to an additional £1bn of conduct charges.
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PA ANALYSIS: Lloyds free from government shackles but still chained by Brexit
Lloyds may have paid back its debt to the UK government but its future is still chained to the Brexit outcome.
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Lloyds, L&G and Aviva get Woodford seal of approval
Legal and General, Lloyds Banking Group and Aviva are among Neil Woodford’s top holdings in his newly launched Income Focus Fund, marking some of his first financial plays in 14 years.
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Woodford living up to contrarian record
Neil Woodford has lived up to his record as a contrarian, according to analysts reacting to the major changes to his equity fund revealed last week.
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FTSE 100 hits record high as supply glut fears recede
The British blue-chip index climbed to 7,458.5 out of the gate on Monday morning, as the price of oil surged.