U.K. lenders including Royal Bank of Scotland Group Plc (RBS) and Lloyds Banking Group Plc (LLOY) are selling assets and detailing plans to bolster their balance sheets to deflect calls from regulators to plug a capital shortfall.
Lloyds this week sold a stake in asset manager St. Jamesâ€™s Place Plc (STJ), booking a 400 million-pound ($597 million) gain, while RBS said last month it will sell its U.S. operation and shrink its securities unit to bolster capital. Barclays Plc (BARC) plans to sell contingent convertible notes to boost its financial strength, a person with knowledge of the matter said last month.
- 1Dollar climbs against yen, pound
- 1Apple Probes Report ICloud Was Hacked to Gain Stars privet photos
- 1U.S. Stocks Fluctuate Near Record Before Factory Data
- 1Dollar General sweetens Family Dollar bid, may go hostile
- 1Dollar Gains to 7-Month High on Outlook for U.S. Economy | Top Forex Brokers
- 3Putinâ€™s Money Beats Sanctions in Russian Bank Bond Market
- 3European Bonds Rise on Factory Data; Ruble at Record Low
- 3Dollar rises slightly against yen, euro with investors on pause
- 3Euro Touches One-Year Low Versus Dollar | Top Forex Brokers
- 3Ukraine Fighting Surges as Russian-Backed Forces Gain
Become Our Fan
apple asia stocks asian stocks australian dollar bernanke boj china dollar draghi ecb economy eur eur/usd euro euro zone europe stocks european central bank european stocks eurozone eurusd facebook fed federal reserve forex forex news forex trading fx gbp/usd gold google greece imf obama oil pound spain stock stock market stocks swiss franc u.s dollar u.s. dollar u.s. economy u.s. stock u.s. stock futures u.s. stocks us dollar usd wall street yen