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Banks
Lloyds Banking Group PLC profit plummets after taking big coronavirus loan
PLC () profits plummeted 95% in the first quarter of the year after taking a sizeable write-down in preparation for bad loans resulting from the coronavirus crisis.
Britain’s biggest lender took an impairment charge of £1.4bn,…
Royal Bank of Scotland Group PLC extends incentivised switching scheme
Group PLC () has extended the deadline for businesses to switch their accounts to other banks under an incentive scheme to encourage competition in the banking sector.
Eligible customers can apply until February 28, instead of August…
Metro Bank PLC confirms interest in P2P platform Ratesetter
PLC () has confirmed weekend reports that it is in talks to buy Retail Money market, the of owner peer-to-peer lender Ratesetter.
The challenger bank said it has entered a period of exclusive discussions, but these are at a…
Lloyds Banking Group PLC eyes bigger JV push into wealth management
Wealth and insurance contributed £1.1bn of underlying profit last year, around 15% of the bank's total
PLC () is eyeing further expansion into the private client sector as a source of better earnings as part of its strategic review,…
Young & Co.’s Brewery PLC suspends dividend payments
The pubs group intends to resume dividend payments “as soon as is practicable”.
Young & Co.'s Brewery PLC () has confirmed it will not be paying an interim dividend for the current fiscal year.
The company intends to resume…