
Lloyds ( LYG -2.8% ) suspends two derivatives traders following a probe into allegations of the manipulation of the Libor interbank rate
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More on Lloyds ( LYG ): The lender hits its target of reducing the loan-to-deposit ratio to 130% 2 years early and plans to cut to 120% within
By Randy Durig : This week we look at a newly issued five-year Morgan Stanley ( MS ) Kangaroo (Australian dollar) bond that will yield 9.0% the first year, and then switch to a floating rate yield (the 3 month LIBOR rate plus 5%) in years 2 through 5. The high yield and medium-length maturity of ...
Lloyds ( LYG ) ends exclusive talks with The Co-op to sell 632 branches, opening the way to maybe cut a deal with NBNK . Regulators have ordered Lloyds to jettison the branches as payback for being rescued by the government in 2008. LYG +1% premarket. Post your comment!
By Randy Durig : This week we identify and compare two very similar debt instruments, both denominated in Swiss francs, from two of Europe's most reputable insurance companies, Swiss Life ( SZLMF.PK ) and SRLEV N.V., a ( SNREF.PK ) subsidiary. Both of these high yielding investment grade bonds have
By Randy Durig : We have identified a five year new issue Morgan Stanley ( MS ) "step up" bond linked to Russia that will yield 9.25 the first two years, 9.50 the next two, and 9.75 the last year (averaging 9.43% to maturity.) The high yield and medium length maturity of this ruble bond, when ...
actions. I had arrived at this conclusion by observing the preference share prices, market sentiment and developments at Lloyds ( LYG ). As I expected, there would begin to be traction behind this assertion and we would begin to hear whispers from the company
Wall Street Breakfast Editors submit: Seeking Alpha passes 1M members. We are excited to announce that Seeking Alpha has passed 1M registered users, a doubling of size in less than two years. And as we're adding over 2,000 members per market day, we expect to double it again in even less time. ...
New U.K. banking firm NBNK will tomorrow make a sweetened £1.5B bid for 632 branches being sold by Lloyds ( LYG ), The Daily Telegraph reports. The new offer will come amid worries that the proposed £1.4B sale of the outlets to Co-op