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Lloyds chairman to retire no later than next year's AGM

Lloyds Chairman to retire within the next year

Lloyds Banking Group said today that its chairman Win Bischoff will retire in the next year.

Business • 13 May 13

Co-Op Bank's debt ratings cut by Moody's

Co-op Bank's CEO steps down after Moody's cut

The head of the Co-operative Bank stepped down today, after agency Moody's downgraded its debt ratings

Business • 10 May 13

LLoyds group chief executive Antonio Horta-Osorio reports ''substantial progress''

Lloyds confirms Elderfield move to bank

Lloyds Banking Group has confirmed that Ireland's financial regulator Matthew Elderfield will join the bank in October.

Business • 30 Apr 13

Lloyds agrees sale of its unprofitable Spanish banking business

Lloyds takes £250m hit on Spanish sale

Lloyds has taken a £250m sterling loss on a sale of its unprofitable Spanish banking business to Banco Sabadell, a deal that will help bolster the British bank's capital.

Business • 29 Apr 13

Lloyds' deal for 600 branches collapses

Lloyds Banking Group's sale of more than 600 branches to the Co-operative Group in the UK has collapsed.

Business • 24 Apr 13

HBOS would have failed even without the 2008 financial crisis, new report states

Report criticises former HBOS executives

Bailed out British lender HBOS would have failed even without the 2008 financial crisis, a panel of UK lawmakers said in a report.

Business • 05 Apr 13

Lloyds Banking Group fined £4.3m over payments delay

Lloyds fined £4.3m over PPI payouts

Lloyds Banking Group was fined £4.3m sterling by the London City watchdog today after up to 140,000 customers had their payment protection insurance compensation payments delayed.

Business • 19 Feb 13

UK finance minister George Osborne warns banks on risks

UK sets out new law to break up errant banks

British banks that fail to guard their day-to-day banking from risky investment activities will face being dismantled, finance minister George Osborne said today.

Business • 04 Feb 13

Lloyds takes massive loss on Irish property loans

British banking group Lloyds has taken a 90% loss on €1.83m of troubled Irish property loans it has sold to US group Apollo Global Management.

Business • 20 Nov 12

Lloyds Banking Group reports pre-tax loss of £144m in third quarter

Lloyds PPI bill passes £5 billion mark

Part-nationalised Lloyds Banking Group today provided further evidence that it was getting its business back on track.

Business • 01 Nov 12

Amlin returns to profit as disaster claims slow

Lloyd's of London insurer Amlin swung back to profit in the first half of 2012, helped by a sharp drop in catastrophe-related claims and higher premiums.

Business • 20 Aug 12

British bank Lloyds gets Libor subpoenas

Lloyds Banking Group has received subpoenas from government agencies investigating a global interest rate rigging scandal.

Business • 26 Jul 12

Co-op buys Lloyds branches

Lloyds Banking Group has struck a deal to sell 632 branches to the Co-operative.

Business • 19 Jul 12

NBNK's talks with Lloyds to buy branches on track

New British banking venture NBNK said talks with Lloyds Banking Group over the possible purchase of 632 branches were going well.

Business • 01 Jun 12

Former Lloyds head Jessica Harper to be charged

Jessica Harper, former head of fraud and security for digital banking at Lloyds Banking Group, will be charged with submitting false invoices at the company totalling more than £2 million.

Business • 25 May 12

Lloyds ends exclusive talks with Co-op

Part-nationalised British bank Lloyds has ended its exclusive talks with The Co-op to sell 632 branches, allowing it to discuss a possible deal with rival suitor NBNK.

Business • 27 Apr 12

NBNK back with new bid for Lloyds bank branches

New British banking venture NBNK has made a fresh bid for 632 Lloyds retail bank branches.

Business • 12 Apr 12

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