Lloyds lacks firepower for M&G takeover
Prudential’s funds arm has been touted as an attractive acquisition for Lloyds
Lloyds
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Blackrock and Schroders frontrunners for Lloyds mandate
Asset managers Blackrock and Schroders are the rumoured frontrunners to oversee £109bn for Lloyd’s Banking Group (LBG), after the contract with Standard Life Aberdeen was terminated earlier this year.
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Scottish Widows ‘surprised’ by Standard Life Aberdeen challenge
Scottish Widows says Standard Life Aberdeen is a clear and material competitor and it, therefore, has the legal right to terminate its investment management agreement with the firm.
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Lloyds profits bolstered by lower PPI costs
Lloyds’ share price remained depressed, despite delivering a good set of first quarter figures, containing higher profits as Payment Protection Insurance (PPI) costs fall.
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Dovish Carney fails to dent enthusiasm for UK banks
Despite Brexit uncertainty and a more dovish tone from the Bank of England (BoE), many managers are arguing that now is the time to embrace the big four UK banks as a cheap, tactical value play.
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Standard Life Aberdeen shares hit as Lloyds bids adieu
Standard Life Aberdeen has lost its biggest client, Lloyds Banking Group (LBG), after the FTSE 100 bank decided to pull more than £100bn assets over competition concerns.
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Woodford backs two more banks
Neil Woodford has added to his position in UK banks, with both Barclays and RBS appearing in his portfolios he revealed on Thursday.
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PA ANALYSIS: What to expect as the big banks report results
Wealth managers will be keeping a keen eye on the banking sector this week as four of the sector’s biggest players report first-quarter results.
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Lloyds is now a buy – Thesis AM
Lloyds looks set for a bright future as a longer-term trend towards higher interest rates emerges, according to Thesis Asset Management analyst Ryan Paterson.
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Lloyds shares slip with investors unconvinced by its PPI claim
Shares in Lloyds Banking Group slipped on Wednesday morning as the bank updated the market on its third quarter performance and its progress in dealing with the long-running payment protection insurance scandal.
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Investors seek answers from bank earnings bonanza
The global investment community is increasingly divided on the banking sector.
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UK investor sentiment reaches 2016 high – Lloyds
Investor sentiment in the United Kingdom has reached a new high for 2016, according to the Lloyds Bank Investor Sentiment Index.