ADVFN - Advanced Financial Network.
HOME» NYSE » L » LYG Stock Price » LYG Stock News

Lloyds Tsb Share News

 Lloyds Banking Grp. Stock Price
LYG Stock Price
 Lloyds Banking Grp. Stock Chart
LYG Stock Chart
 Lloyds Banking Grp. Stock News
LYG Stock News
 Lloyds Banking Grp. Company Information
LYG Company Information
 Lloyds Banking Grp. Stock Trades
LYG Stock Trades

Lloyds Banking Group To Speed Up Ring-Fencing Plans - Report

LONDON -(Dow Jones)- Lloyds Banking Group PLC (LYG) is set to signal that it will bring forward its so-called "ring fence", or separation of retail and investment banking, ahead of the 2019 deadline demanded by the Independent Commission on Banking, the Sunday Telegraph reported. Without citing sources, the news report said Lloyds Chief Executive Antonio Horta-Osorio will say that Lloyds is happy with the Government's ring-fence plans and wants to have a simple retail bank structure without recourse to any complicated investment bank products. It said only simple "vanilla" derivative products are likely to be allowed inside the protected area of the bank after the legislation passes through Parliament in the 2012-2013 session. The report said the speeding-up of the ring-fencing process could be announced as early as this week when Lloyds announces its quarterly results. A spokesman for the bank couldn't be immediately reached for comment. Newspaper Web site: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9418283/Lloyds-vows-to-speed-up-ring-fencing.html -London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320 Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Lloyds Tsb (LYG)
DateTimeHeadline
04/15/201408:45:47Lloyds Forex Chief Said to Leave Bank - Reuters
04/14/201411:00:08LONDON MARKETS: FTSE 100 Slips, But Glencore Xstrata Gains
04/14/201406:04:56LONDON MARKETS: FTSE 100 Slides On Ukraine Tensions; Glencore...
03/26/201417:40:55ADR Shares End Lower; China Eastern Airlines Shares Active
03/26/201413:58:08EUROPE MARKETS: Europe Stocks Higher As ECB Stokes Stimulus Hopes
03/26/201413:55:57LONDON MARKETS: Lloyds Loss Weighs On FTSE 100; Benchmark Closes...
03/26/201413:37:35European Stocks Extend Rally -- Update
03/26/201407:17:29UK Government Sells Part of Stake in Lloyds
03/26/201404:51:25UK Government Sells 7.8% of Lloyds at 75.5p/Share; Stake Now...
03/25/201414:40:04UK Financial Investments to Sell 7.5% of Lloyds Banking
03/25/201414:19:13UK Financial Investments to Sell 7.5% of Lloyds Banking Group...
03/25/201413:47:31UK Financial Investments to Sell 7.5% of Lloyds Banking Group
03/24/201415:36:22LONDON MARKETS: London Stocks Fall After Mixed Global PMI Data
03/24/201415:35:45EUROPE MARKETS: Europe Stocks Sag After Downbeat Chinese, German...
03/24/201405:51:00Standard Life in Talks to Buy Asset Manager
03/20/201403:54:31Lloyds Banking Sells European Commercial Real Estate Loans for...
03/20/201403:33:09Lloyds Banking Group PLC ECN Tender Offer Retail
03/11/201417:21:55ADR Shares End Lower; Vale, Barclays Shares Active
03/11/201413:36:10LONDON MARKETS: Barclays Drops In London After Gold-fix Lawsuit
03/11/201413:35:03Lloyds Banking Changes to Group Pension Schemes

Lloyds Tsb and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad