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The UK Economy

Euro Crisis : Banks Downgraded

Jun 22 2012 @ 07:41

Fifteen major global financial institutions were downgraded by Moody’s late last night, reflecting losses the ratings agency says are likely due to the current, ongoing volatile state of capital markets. Affected lenders included British banking giants Barclays, HSBC, RBS and Lloyds as well as Credit Suisse. The Swiss institution was dealt the harshest and most unexpected blow as...

Lloyds' Banking Group CEO Planning to Return

Dec 12 2011 @ 08:22

According to Stocks & Shares TV, the board of Lloyds Banking Group will be making a decision soon as to approving the return of CEO; António Horta-Osório, who has been on medical leave since November, due to extreme fatigue. UK Financial Investments has already indicated it is in favor of Horta-Osório’s return. UK Financial Investments […]