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Lloyds TSB Group plc

This is a summer to forget for British banks in the US. One after another, Barclays, HSBC and now Standard Chartered have had excruciating internal emails and conversations revealed by US investigators.

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Lloyds Bank rescueupdated: Wed Jun 10 2009 04:40:00

The British government announced it will take majority control of Lloyds Banking Group. CNN's Jim Boulden reports.

Lloyds to shut mortgage subsidiary, cut up to 1,660 jobsupdated: Wed Jun 10 2009 04:40:00

British banking group Lloyds TSB plans to cut up to 1,660 jobs and close all 164 branches of its Cheltenham & Gloucester (C&G) mortgage arm.

UK government gets majority stake in Lloydsupdated: Sun Mar 08 2009 03:47:00

The British government confirmed Saturday it will take majority control of Lloyds Banking Group, with the taxpayer owning up to 66 percent of voting shares in return for insuring £260 billion ($366 billion) of the group's toxic assets.

Lloyds confirms $15.5 billion HBOS lossupdated: Fri Feb 27 2009 04:04:00

British bank Lloyds has announced that HBOS, the rival it took over last year, made a £10.8 billion ($15.5 billion) pre-tax loss for 2008.

Lloyds shares plunge following HBOS lossesupdated: Fri Feb 13 2009 12:05:00

Lloyds Banking Group saw its share price tumbled Friday after reporting worse-than-expected profits for its subsidiary HBOS.

Lloyds TSB penalized over U.S. sanctions breachupdated: Sat Jan 10 2009 07:13:00

British bank Lloyds TSB has agreed to forfeit $350 million dollars to U.S. and New York authorities for criminally hiding information about prohibited dealings with Iranian and Sudanese customers. Britain Sets Details of Huge Bank-Bailout Planupdated: Mon Oct 13 2008 12:00:00

In what's being touted as a model for government intervention, London bets big to put money behind the country's battered banks

UK government takes stake in three banksupdated: Mon Oct 13 2008 07:11:00

The British government on Monday said it would make a multi-billion investment in three of the country's major banks to help them through the "first financial crisis of the global age."

CNNMoney: 3 British banks get $63Bupdated: Mon Oct 13 2008 06:12:00

The British government on Monday said it would make a multi-billion investment in three of the country's major banks to help them through the "first financial crisis of the global age."

Q&A: How will the UK bailout work?updated: Wed Oct 08 2008 15:56:00

Why has the UK government decided to inject nearly $90 billion of taxpayers' money into banks and lend them a further $350 billion?

Nikkei 225 plunges nearly 10%updated: Wed Oct 08 2008 15:56:00

Nikkei closes down approximately 9.38% according to initial closing numbers. CNN Kyung Lah has the latest.

Britain unveils $84B bank rescue planupdated: Wed Oct 08 2008 12:22:00

Britain on Wednesday announced an $87.4 billion rescue package for its troubled banking sector.

Bernanke: More pain aheadupdated: Wed Oct 08 2008 12:22:00

Federal Reserve Chairman Ben Bernanke warned that the outlook for economic growth has worsened.

U.S. economic woes hit the U.K.updated: Sun Sep 28 2008 09:34:00

CNN's Max Foster reports on how Washington's actions on a proposed bailout could impact the U.K.'s financial system. Report: Morgan Stanley Seeking Mergerupdated: Thu Sep 18 2008 14:00:00

Morgan Stanley's stock price plunged again Thursday as the investment bank scrambled to strike a major deal or raise more cash that will assuage investors

AIG bailed outupdated: Thu Sep 18 2008 05:32:00

The Federal Reserve Board lends as much as $85 billion to rescue American International Group.

Mayhem in Asia's marketsupdated: Wed Sep 17 2008 13:05:00

CNN's Eunice Yoon reports on how events in the U.S. created mayhem in Asia's markets.

U.S. banks 'missing a trick' with Muslim customersupdated: Mon Mar 31 2008 04:23:00

When it comes to Sharia-compliant banking, few Western countries can compete with Britain. One of the world's prime financial centers, the City of London is also the key Western hub for Islamic banking.

Home loan problems hit UKupdated: Wed Sep 19 2007 13:56:00

Troubles for mortgage-lender Northern Rock have unmasked underlying market problems. CNN's Jim Boulden reports

CNNMoney: Lloyds settles $16M U.S. class action caseupdated: Tue Aug 21 2007 07:41:00

U.K. bank Lloyds and brokerage Man Financial have agreed to pay $16.6 million to settle a U.S lawsuit brought by investors who poured millions into a futures trading firm later found to be fraudulent. Why Polish is the New Language of British Retail updated: Thu Aug 09 2007 13:00:00

A migrant community whose disposable income runs to billions has become a prized market for high-street banks, supermarkets and bookstores

UK tourist industry fears downturnupdated: Fri Jul 22 2005 04:57:00

Britain's tourist industry was bracing itself for a significant drop in the numbers of overseas visitors in the wake of this month's bomb attacks on the capital's transport system.

Fortune: Marakon Runners They launched value-based management--a staggeringly detailed process that takes years. It's made billions for cupdated: Mon Sep 28 1998 00:01:00

The headquarters of Marakon Associates is very quiet. Not hushed-and-reverential quiet. Not eerie quiet. Not dull quiet. Just...quiet. No glad-handing bluster. No hurried runs down the hall. No wis...

Fortune: FORTUNE'S GLOBAL 500 NOTESupdated: Mon Aug 05 1996 00:01:00


Fortune: TAKEOVER FEVER RAGES IN EUROPEupdated: Mon Mar 04 1996 00:01:00

American's hottest export to Europe these days may be investment bankers. Led by the Morgans--Morgan Stanley and J.P. Morgan--mergers and acquisitions shattered all previous records last year, post...

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