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Lloyds Chairman: Hopes To Start Paying Dividends In 2012

LONDON -(Dow Jones)- Lloyds Banking Group PLC (LYG) hopes to start paying dividends as soon as a European Union ban on the payments is lifted in 2012, Chairman Win Bischoff said Thursday. He told Dow Jones Newswires the bank will look to make the payments as soon as it can. The EU called a halt to any dividends for two years as a condition of approving Lloyds' GBP17 billion government bail-out. Bischoff's comments were made after shareholders earlier Thursday approved a GBP22.5 billion recapitalization that will allow the bank to avoid taking further state support. Company Web site: http://www.lloydsbankinggroup.com --By Patricia Kowsmann, Dow Jones Newswires. Tel +44(0)207-842-9295, patricia.kowsmann@dowjones.com

Stock News for Lloyds Tsb (LYG)
DateTimeHeadline
07/01/201606:44:56Report of Foreign Issuer (6-k)
06/30/201615:00:57Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
06/30/201613:04:26Report of Foreign Issuer (6-k)
06/30/201612:43:00Europe's Corporate Bond Market Reopens Following Brexit Turmoil...
06/30/201609:12:08Report of Foreign Issuer (6-k)
06/30/201608:26:55Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
06/28/201618:10:00ADRs End Higher; Financial Firms Rise
06/28/201617:10:00Moody's Puts U.K. Banking System on Negative Outlook
06/28/201615:35:00European Banks' Credit Surviving the Brexit Storm
06/28/201613:00:31Report of Foreign Issuer (6-k)
06/28/201606:40:00Banks Get Reprieve From Brexit Hammering
06/28/201603:02:00Bank Stocks Lead a Global Selloff -- WSJ
06/27/201618:31:00ADRs End Lower; Financial Firms Decline
06/27/201611:36:00MARKET SNAPSHOT: U.S. Stocks Plunge For Second Day After Brexit...
06/27/201609:44:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact -- 2nd Update
06/27/201608:00:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact
06/27/201607:40:00U. K. 10-Year Gilt Yields Falls Below 1%
06/27/201607:13:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact -- Update
06/27/201606:00:00Bank Shares Drop as Analysts Weigh Brexit Impact
06/24/201614:50:00European Banks Take Beating After 'Brexit' Vote -- Update

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