property loans because of falling property prices and the lack of demand for it. The then-Chairman of Lloyds, Sir Victor Blank, said in August 2009 that losses had been "at the worst end of...
Oaktree will provide Lloyds’ clients loans of up to £175mn to fund private equity takeovers and help refinance upcoming debt maturities © Bloomberg Lloyds Banking Group has partnered...
3bn in loans. Lloyds, which also owns the Bank of Scotland and Halifax brands, also said it was unclear when the FCA might complete its investigation, creating further uncertainty for the...
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The Barclay family has regained ownership of The Telegraph after paying £1.2bn...
Like other UK banks, Lloyds' profits were boosted by the increase in interest rates over the past couple of years, which have allowed lenders to charge more on loans. Borrowing costs have...
Lloyds, Britain’s biggest mortgage lender, is also exposed to the slowing housing market as surging rates make repayments more expensive for borrowers on new or variable-rate loans. The...
on loans. For the whole of 2023, Lloyds' pre-tax profits jumped to £7.5bn, which was higher than expected and up 57% on 2022. Borrowing costs have risen as the Bank of England has...
Lloyds Banking Group has taken control of the Telegraph Media Group (TMG) in an unprecedented move by a bank in modern times...
Lloyds’ provisions for bad loans in the fourth quarter came in at £465mn, above analyst estimates of £380mn. In the same quarter in 2021, the bank released £532mn of provisions for...