Chartered STAN , both of which are trading at a discount to our fair value estimates. We also increasingly like Lloyds Banking Group LYG and UBS UBS , both of which are trading at a discount to our fair value estimates and have been strengthening their moats by
However, we’re also adding insurer Aegon AEG, and Lloyds LYG . For Aegon, we think it is being treated more like a European ..... significantly helped liquidity, adding lower-cost funding. Lloyds LYG We've long seen the U.K.'s concentrated banking market
Lloyds ( LYG ) exits more noncore assets, selling a portfolio of U.K. commercial loans to Cerberus for £90M n cash. Late last week, the
Lloyds ( LYG +0.8% ) will sell €1B ($1.4B) in European real estate loans to Cerberus Partners. The loans have a book value of
Wall Street Breakfast Editors submit: Top Stories Oil falls, global stocks higher after Iran deal. Oil was sharply lower and global equities mostly higher at the time of writing following the agreement between Iran and the P5+1 world powers for the Persian nation to limit its nuclear program in ...
Wall Street Breakfast Editors submit: Top Stories Boeing launches 777X with deals worth $95B. In what is the largest product launch by dollar value in commercial jetliner history, Boeing ( BA ) has officially unveiled the next-generation 777X at the Dubai Air Show. Boeing has received bookings and
Lloyds ( LYG ) has agreed to sell fund-management unit Scottish Widows Investment Partnership to Aberdeen Asset Management ( OTC:ABDNF
after being decimated by the crisis. Bank stocks such as Wells Fargo WFC and JPMorgan Chase JPM in the U.S. and Lloyds Group LYG and Credit Suisse CS in Europe have all rebounded since 2008. But, at least in the developed world, financials still claim
positive signs, such as the uptick in Lloyds Banking Group 's LYG core net interest margin in the second half, and evidence of ..... 00 Wide Medium $100.10 Data as of 09-20-13. Lloyds LYG Much like Bank of America, Lloyds is making a comeback after
By Felix Salmon : [ Warning: this post starts off with a long and self-indulgent complaint about my bank. Feel free to scroll down to the bit where I actually get to the point. ] On March 11 of this year, I borrowed $200 from Citibank ( C ). Four days later, on March 15, Thomson Reuters was kind ...