Lloyds TSB Group News

Intermediate Capital Group PLC said Friday it has bought convenience foods manufacturer Symington's Limited from Bridgepoint Development Capital with plans to build on the company's portfolio of branded products.

Private equity property funds run by Blackstone and Morgan Stanley have agreed to pay A$640 million to acquire a A$1.9 billion portfolio of distressed property loans in Australia from a unit of Lloyds Banking Group, two sources with knowledge of the transaction said.

NBNK Investments PLC , a cash shell, said Friday that following Lloyds Banking Group's that exclusive negotiations for the sale of the Verde asset package have ceased, NBNK has been in discussions with Lloyds following its renewed offer for the Verde asset package.

Leading financial claims firm, PPI Claims Co, has advised caution for those opting to take the DIY route for reclaiming mis-sold PPI.

Lloyds Banking Group yesterday announced the appointments of Carolyn Fairbairn, a former ITV and BBC executive, and Lord Blackwell as non-executive directors.

Since Lloyds TSB launched Savings Goals in March 2012 , its free online service to help people save regularly towards a specific goal, thousands of customers have created their own personal savings targets and have already saved, on average, 11% towards their target in just over two months .

A round of disappointing US data overshadowed some rare positive developments in the eurozone and held the London market back today.

In our base-case assessment, we foresee a low-single-digit decline in Co-operative's food retail business for 2012 in the range of 1%-2%, based on our view of continued competitive and price pressures on the group's U.K. food retail business.

A total of 190 jobs at Lloyds in Scunthorpe will be relocated to Scotland and other parts of the UK, bankers have confirmed.

The report covers the companys structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360A view of the company.

Lloyds TSB Group plc opened at 1.63 on Wednesday. Lloyds TSB Group plc has a 1-year low of $1.33 and a 1-year high of $3.27. The company's market cap is $27.930 billion.

Had it not been for the global recession and the astronomical bonuses paid to senior executives for mismanagement of major banks, the Payment Protection Insurance scandal may have seen bigger headlines.

Lloyds TSB workers, left, spent a day at Hope Housing Training and Support in St Swithin's Road South, Bournemouth.

Britain's leading share index gave up most of its gains yesterday as hopes that Greece will stick to the terms of its bail-out gave way to fears that Spain will be the next country to need one.

Hickey will be tasked with heading up the agency's Lloyds Banking Group account, which was previously overseen by James Atherton, who has moved to MEC New York.

The group provides banking and financial services to personal and corporate customers.

A former security chief at Lloyds Banking Group is to be prosecuted over an alleged A 2.5 million fraud.

Jessica Harper is accused of carrying out the scam while working as head of fraud and security for digital banking, the Crown Prosecution Service said.

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Private equity firm Apax is preparing a possible sale of its troubled British medical courier Marken as talks with lenders over a fix of a loan covenant breach stall, banking sources said on Wednesday.