Britain’s finance ministry will sell at least 2 billion pounds worth of shares in Lloyds Banking Group to private retail investors next year.
Finance Minister George Osborne says the British government will start selling its shares in the Royal Bank of Scotland.
Lloyds Banking Group boss Antonio Horta-Osorio will forfeit a portion of his bonus after a fine imposed on the bank.
Britain has sold another 500 million pounds worth of shares in Lloyds Banking Group.
Britain has reduced its stake in Lloyds Banking Group to below 21 percent - a further step towards returning the bank to full private ownership.
Lloyds Banking Group would be prepared to back plans by Britain's Conservative Party to sell some of the government's remaining stake in the bank to retail investors. ...
Howard Davies has defended his role in setting up the regulator that presided over the near meltdown of Britain's banking system.
Efforts to improve competition within Britain's banking industry have not yet had the desired effect, says the head of the Competition and Markets Authority.
Atlas Mara, a new investment company backed by former Barclays boss Bob Diamond, had raised $325m by listing on the London Stock Exchange and planned to build a ...
A cyber attack on financial markets played out in a historic London hall late yesterday in a “war game” simulation designed to test the city’s defences against online ...
Co-operative Group will hand control of its banking arm to bondholders.
InterContinental Hotels Group Plc reported a 33 percent increase in third-quarter operating profit, at the top end of expectations.