Lloyds Banking Group
Lloyds Banking Group capital markets head to depart in reshuffle
British lender to combine trading, financing and corporate sales units to form global market business
Wells Fargo international head Langley to lead Lloyds Banking Group’s CIB
The veteran banker will take over from John Winter next year
1 min read
Where it all went wrong for Schroders Personal Wealth
Lloyds and Schroders’ joint venture fell short of aggressive targets to push its own products and increase profitability
6 min read
Schroders’ painful lesson from Lloyds wealth joint venture
Catch up on the top news in wealth management this week
3 min read
Schroders sells stake in UK wealth venture to Lloyds Banking Group
Lloyds Banking Group takes full ownership of Schroders Personal Wealth, as the two groups abandon a joint venture launched in 2019
2 min read
Headcount at Schroders-Lloyds wealth venture falls nearly 10% amid closure talks
Schroders Personal Wealth lost around 70 staff last year with the landmark tie-up set to fold
3 min read
Rathbones reborn
Catch up on the top news in wealth management this week
3 min read
Lloyds and Schroders to scrap UK wealth joint venture
Schroders Personal Wealth has struggled to grow assets despite its ambition to become a top financial planning business in five years
2 min read
Lloyds Banking Group plans staff cuts in cull of underperformers
The UK lender is set to introduce a new assessment system to increase turnover
1 min read
Lloyds Banking Group sets new bonus cap at eight times salary
The UK lender has set a lower limit than its rivals as banks continue to overhaul compensation structures
2 min read
Schroders Personal Wealth names ex-Close Brothers fund boss director
Martin Andrew joins the board of Schroders and Lloyds Banking Group’s wealth joint venture amid a hiring spree
2 min read
Lloyds Bank slashes risk management jobs in bid to speed up progress
Lloyds Banking Group to cut risk management roles as it shakes up the unit
The Fintech Files: Banks are going after fintechs. Should they be worried?
Your guide to the week’s biggest fintech stories
Lloyds Bank teams up with BlackRock in ETF offer for DIY investors
Europe's competitive ETF market is becoming increasingly attractive to asset managers, despite the dominance of the three top players — iShares, Amundi and Xtrackers
Lloyds posts £2.2bn Q1 profit
Costs increased 5% on year in the period to £2.2bn on higher planned strategic investment, new business costs and inflationary effects
Lloyds profit rose 81% to £1.7bn in fourth quarter
The FTSE 100 listed bank’s net income rose to £5bn from £4.12bn for the year-earlier period, beating consensus’ £4.69bn estimate
1 min read
Stephen Fry, Emma Thompson and climate activists call on HSBC, Barclays to stop funding fossil fuels
'Weird and wonderful coalition of activists and actors' sign open letter from Make My Money Matter calling out big five UK banks for being in 'a dangerous relationship with the fossil fuel industry'
4 min read
HBOS, Fidelity, Jupiter top £10.7bn ‘dog funds’ list
More than 30 funds with £10.7bn of investor money have been singled out as the UK’s worst performers
4 min read