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Lloyds Banking Group clinches £4 bln rights issue (AFP via Yahoo! News)
Britain's state-controlled Lloyds banking Group said on Monday that buyers snapped up all of its heavily discounted new shares to raise 4.0 billion pounds (4.6 billion euros, 6.3 billion dollars).

Lloyds Banking Group: 87% Of Offer Shares Taken Up (Fox News)
Lloyds banking Group: 87% Of Offer Shares Taken Up

FTSE 100 falls led by Lloyds Banking (Shropshire Star)
The FTSE 100 fell 0.75 per cent to 4,405.22 as banking stocks slumped, with Lloyds Banking Group leading the decline.

IMF says euro area still needs to clean up banking sector (People's Daily)
The International Monetary Fund (IMF) said Monday that euro area still needs to do more to clean up its banking sector, weakened by the global financial crisis. "The worst of the decline of activity is now very likely behind us but the timing and the shape of the recovery remain highly uncertain," the Washington-based IMF said after its annual consultations with the 16 eurozone economies. ...

San Miguel to realign banking unit?s thrust (The Manila Times)
SAN Miguel Corp. (SMC) said Monday that it is aligning the operations of its banking unit with the food and beverage giant?s new business directions.

San Miguel to realign banking unit?s thrust (Yehey!)
San Miguel Corp. (SMC) said Monday that it is aligning the operations of its banking unit with the food and beverage giant?s new business directions. In ...

Four banks win private banking awards (BigPond News)
Four Australian banks have been unveiled as the winners of the Australian Private Banking Awards.

Four banks win in private banking awards (Sky News Australia)
Four Australian banks have been unveiled as the winners of the Australian Private Banking Awards for performance amongst high net worth customers.

Lloyds Banking Group: shares are a hold (Daily Telegraph)
Analysts suggest that shareholders who took up the option of buying discounted Lloyds Banking Group shares should hold onto them for the longterm.

Lloyds Banking Group first British bank to repay bailout (The Star)
LONDON: Lloyds banking Group will become the first bank to repay some of the UK government?s 37 billion pound (US$59bil) bailout of the British banking system after raising 3.5 billion pounds (US$5.6bil) from shareholders.

 

 

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