Lloyds Of London News
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LONDON (Reuters) - Shares in British banks fell sharply on Tuesday on reports the big industry players had held emergency funding talks with the government overnight, traders said. Royal Bank of Scotland (RBS.L: Quote , Profile , Research , Stock ...
Read moreUK bank shares plunge on government funding talk - Reuters
Banking stocks suffered further falls today as an early rally for the beleaguered London market ran out of steam. The FTSE 100 Index initially opened more than 2 per cent higher as investors eyed cheap looking stocks after global stock market ...
Read moreRoyal Bank of Scotland shares battered - The Independent
LONDON, Oct 7 (Reuters) - The British government held talks with major banks on Monday evening at which the possibility of an injection of public money was discussed, according to a source familiar with the talks. "The big banks and the chancellor ...
Read moreUPDATE 2-UK banks in govt funding talks; shares plunge - Reuters
Oct. 7 (Bloomberg) -- The U.K. government may invest at least 45 billion pounds ($79 billion) in banks including Royal Bank of Scotland Group Plc and Barclays Plc to bolster capital depleted by mortgage-related losses, two people with knowledge of ...
Read moreBarclays, RBS in Talks on U.K. Government Funding (Update1) - Bloomberg
LONDON (Reuters) - The government held talks with major banks on Monday evening at which the possibility of an injection of public money was discussed, according to a source familiar with the talks. "The big banks and the chancellor met yesterday ...
Read moreUK Banks in government funding talks - Reuters UK
More fears over the health of UK banks dragged shares in Royal Bank of Scotland down by another 30 per cent today. The latest decline came as London's leading share index opened in positive territory after yesterday's 7.8 per cent fall wiped ...
Read moreRoyal Bank of Scotland shares battered again - The Independent
Oct. 7 (Bloomberg) -- Commonwealth Bank of Australia , the nation's biggest provider of mortgages, is in ``exclusive'' talks with HBOS Plc to acquire its BankWest unit to expand in Western Australia, the country's fastest-growing state. Talks are ...
Read moreCommonwealth in Talks to Acquire HBOS Australian Unit (Update3) - Bloomberg
Shares in Royal Bank of Scotland (RBS) plunged by more than 35 per cent today to less than £1 on fears that a £40 billion bailout of high street banks would result in a partial nationalisation of several household names. RBS shares fell to a record ...
Read moreRBS shares fall under £1 on bailout fears - Times Online
Banking shares have fallen in London amid news that the bosses of big banks had met Chancellor Alistair Darling to discuss fundraising. The falls were led by Royal Bank of Scotland, which fell 38%, followed by Lloyds TSB, which declined 20%, and ...
Read moreBanks' share prices fall sharply - BBC News
European equities bounced back on Tuesday, as traders looked to central banks for emergency rate cuts after Monday’s dizzying sell-off. The FTSE 100 rose 96 points to 4,685.4, a rebound of 2.1 per cent, with the mining sector looking particularly ...
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