Latest news with #LloydsBankingGroupPlc
Bloomberg
20-05-2025
- Business
- Bloomberg
Lloyds Sets Up Team of Bankers to Focus on CO2, Nature Credits
Lloyds Banking Group Plc has set up a desk to help clients buy and finance carbon offsets, as it moves into a market that's seen a retreat by peers including HSBC Holdings Plc. London-based Lloyds named Emily Martin its head of voluntary carbon and nature markets earlier this year, according to her LinkedIn page, which was confirmed by a spokesperson at the bank. Martin will help corporate and institutional clients in the voluntary carbon and nature markets, her LinkedIn profile shows.
Bloomberg
01-05-2025
- Business
- Bloomberg
FTSE 100 Snaps Best Winning Streak Since 2017 on Glum Earnings
London's FTSE 100 edged lower, snapping its longest gaining streak since 2017, on a slate of disappointing earnings. The export-heavy FTSE 100 fell 0.1% at 8:13 a.m. in London. Lloyds Banking Group Plc dropped 1.9% as it missed earnings expectations and set aside more to prepare for a worsening economy.
Bloomberg
01-05-2025
- Business
- Bloomberg
Lloyds Income Boosted as Homebuyers Rushed to Beat Stamp Duty
Lloyds Banking Group Plc ramped up lending in the first quarter, helping it broadly meet earnings expectations even as it set aside more to prepare for a worsening economy. The British bank posted pretax profit of £1.5 billion ($2 billion), compared to the average of analyst estimates of £1.54 billion, according to a statement on Thursday. Mortgage balances grew by nearly £5 billion as homeowners rushed to beat an increase in stamp duty.
Bloomberg
04-04-2025
- Business
- Bloomberg
HSBC, Lloyds Provide £600 Million Debt for Kee Safety Buyout
HSBC Holdings Plc and Lloyds Banking Group Plc have together led about £600 million ($781 million) of debt financing to support the acquisition of UK-based safety systems firm Kee Safety. Both banks are anchor lenders for the transaction, and Lloyds' portion included cash from its joint-venture with Oaktree Capital Management, which was announced last year, according to people familiar with the matter who asked not to be identified because the deal is private.
Bloomberg
27-03-2025
- Business
- Bloomberg
Hundreds of Lloyds Bankers Head Back to School to Learn AI
Lloyds Banking Group Plc has teamed up with the University of Cambridge to train 300 senior staff in artificial intelligence as part of the bank's technology shake-up. The first group of leaders from the British bank are starting to take the 80-hour course this month in order to adopt an 'AI-first' mindset, Rohit Dhawan, head of AI and advanced analytics at Lloyds, said in an interview with Bloomberg News.
