Friday , 2 January 2026

Recent Posts

Lloyds Bank faces $2.1bn charge on pension, PPI

  Bloomberg Lloyds Banking Group Plc, Britain’s largest mortgage lender, may take a 1.6 billion-pound ($2.1 billion) charge in third-quarter earnings to cover a pension deficit and customer compensation, according to analysts. The London-based bank may set aside 800 million pounds to cover its pension fund liabilities and a similar amount for customers who were wrongly sold payment protection insurance, …

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Moneta slumps most as GE sells $390mn stake

  AFP Moneta Money Bank AS fell the most in three months after General Electric Co. sold almost a quarter stake in the Czech lender at a discount to the market price. Traded volume surged to more than 20 times the three-month daily average as the stock tumbled 4.6 percent to 76.60 koruna at end of trading in Prague, valuing …

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RBS resurrects NatWest Markets

  Bloomberg Royal Bank of Scotland Group Plc said it would resurrect the NatWest Markets brand for its investment bank as part of its plan to meet rules designed to prevent a repeat of its 45.5 billion-pound ($59 billion) taxpayer-funded bailout during a financial crisis. RBS will return to the name used by the former NatWest Plc securities unit during …

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