Britain bank

Britain cuts Lloyds bank stake to below 20%

Britain has cut its stake in state-rescued Lloyds Banking Group to just under 20 percent after offloading another chunk of shares, the government said Tuesday.

May 12, 2015, 23:50 PM IST

RBS admits European stress test blunder

The stress tests ran the banks through two different economic scenarios to see whether their balance sheets were healthy enough to withstand further economic shocks.

Nov 22, 2014, 08:57 AM IST

Lloyds bank says interim net profits more than halve

Britain`s state-rescued Lloyds Banking Group said Thursday that net profits slumped 57 percent in the first half, hit by compensation for insurance mis-selling and fines over Libor rate rigging.

Jul 31, 2014, 12:19 PM IST