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LLOY Lloyds Banking Group Plc

52.30
1.10 (2.15%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lloyds Banking Group Plc LSE:LLOY London Ordinary Share GB0008706128 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.10 2.15% 52.30 52.22 52.26 52.60 51.08 51.12 196,599,014 16:35:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 23.74B 5.46B 0.0859 6.08 33.21B

Lloyds Bank Nears Rate Probe Settlement

25/07/2014 10:02am

Dow Jones News


Lloyds Banking (LSE:LLOY)
Historical Stock Chart


From Apr 2019 to Apr 2024

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By Ian Walker 

Lloyds Banking Group PLC said Friday it is in late-stage settlement talks with a number of agencies over the potential rigging of Interbank Offered Rates and other benchmarks.

Responding to media reports, the 24.9% government-owned bank said the settlements remain to be agreed, and that it expects them to include penalty payments.

The Financial Times reported Thursday that Lloyds is expected to pay up to GBP300 million to regulators in the U.K. and U.S. over allegations it manipulated a key interest rate benchmark.

An announcement from the bank, accused of manipulating the London interbank offered rate, or Libor, is expected to come before it discloses six-month financial results on Thursday, the FT reported. The report didn't break down the amount of payments to each country's regulator.

Write to Ian Walker at ian.walker@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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