Finance News – Lloyds Banking Group
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Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17%
Charlie Nunn emphasized that raising levies on financial institutions amid their increasing earnings could undermine government efforts to stimulate economic expansion.
Read Full Article →UK bank profits in focus as lenders await critical motor finance court ruling
The forthcoming court decision regarding motor finance may impact UK banks’ earnings, as investors anticipate the half-year reports beginning with Lloyds and NatWest later this wee...
Read Full Article →Lloyds and Aberdeen use tokenized assets for FX collateral in UK first
Lloyds Banking Group and Aberdeen Investments have initiated a pioneering blockchain pilot in the UK, utilizing digital assets as collateral to enhance the efficiency and security...
Read Full Article →Scottish Widows to slash UK equity exposure
Scottish Widows' decision to reduce its holdings in UK stocks reflects a strategic financial adjustment that may impact investment flows amid government efforts to encourage suppor...
Read Full Article →Lloyds Bank boss: No evidence of harm in motor finance scandal
The motor finance controversy has prompted regulatory scrutiny of Lloyds Bank’s past lending practices, highlighting potential risks but so far not revealing financial damage to th...
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