The FTSE 100 ended the week on a high, gaining 43 points to close at 10,446. The mid-cap FTSE 250 also finished on a positive note, rising 0.52% to 23,427.27.
The FTSE 100 ended the week on a high, gaining 43 points to close at 10,446. The mid-cap FTSE 250 also finished on a positive note, rising 0.52% to 23,427.27.
The Times: Lloyds Banking Group is to set aside a further £800 million to cover potential compensation claims after the Financial Conduct Authority published details of a proposed redress scheme last
Lloyds Banking Group reported a slight decline in its recent earnings, although it noted improved consumer financial confidence.
HSBC Holdings PLC (LSE: HSBA) has reduced its mortgage rates to the lowest levels among major banks, sparking speculation that average interest rates could drop to around 3.5% by the
It was a lacklustre week for the UK’s small-cap stocks, with the AIM All-Share index stagnant at 783.80, down 2.31 points. Despite this, it outperformed the FTSE 100, which ended
The tug of war continues between the reports in the financial media, and indeed, a Goldman Sachs warning about the London stock market, and the FTSE 100 going to new
Lloyds Bank’s profits declined by one-third as a result of reduced interest rates and increased competition in the mortgage market.
Metro Bank has announced plans to reduce its workforce and reevaluate its seven-day opening policy following the approval of its £925m rescue package by shareholders.
Metro Bank is reportedly engaging in negotiations to transfer a mortgage portfolio worth £3 billion to Barclays, as part of its strategy to implement a comprehensive restructuring to save the
Metro Bank finalized a critical agreement on Sunday evening to bolster its faltering finances amid swirling rumours about its future prospects.
Metro Bank, a UK-based lender (MTRO.L), has turned down several acquisition proposals from business lending expert Shawbrook, with the latest attempt reported by Sky News to have been in the
This week, Lloyds Banking (LON: LLOY) and NatWest Group (LON: NWG) received inquiries about the possibility of acquiring a part of Metro Bank’s (LON: MTRO) mortgage portfolio, as the latter