Lloyds Banking Group

Metro Bank Secures $1.1 Billion From Investors
Metro Bank Secures $1.1 Billion From Investors
October 08, 2023  |  Banking

England’s Metro Bank has reportedly secured $1.1 billion from investors following a rocky week. As Bloomberg News reported Sunday (Oct. 8), the funding package is comprised of a...

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Swift Picks JPMorgan’s Graeme Munro as New Chair
Swift Picks JPMorgan’s Graeme Munro as New Chair
March 30, 2023  |  Personnel

Financial messaging system Swift has chosen a new leader for its board. Graeme Munro, a 30-year veteran of J.P. Morgan Chase, has been elected non-executive...

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Yoti and Lloyds Banking Group Partner on a Reusable Digital Identity
Yoti and Lloyds Banking Group Partner on a Reusable Digital Identity
March 09, 2023  |  Security & Fraud

Lloyds Banking Group is supporting Yoti in developing a reusable digital identity solution. The support includes a £10 million (about $12 million) investment in the United Kingdom-based digital...

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Lloyds Parks $4.9M in Driving-Related App Caura
Lloyds Parks $4.9M in Driving-Related App Caura
January 26, 2023  |  Investments

Lloyds Banking Group has invested $4.9 million in “all-in-one” driving app Caura. The British firm announced the investment — its third in a FinTech company...

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Phoenix Group, Legal & General and Lloyds Banking Group Back Moneyhub
Phoenix Group, Legal & General and Lloyds Banking Group Back Moneyhub
December 20, 2022  |  Investments

Phoenix Group, Legal & General and Lloyds Banking Group have invested 55 million pounds in Moneyhub. Following the announcement of a 35 million pound ($42.5...

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Major Banks Incorporate New UK Company to Promote Shared Hubs
Major Banks Incorporate New UK Company to Promote Shared Hubs
December 19, 2022  |  Banking

The U.K.’s major banks have joined forces to protect consumers’ access to cash. A new nonprofit company called Cash Access UK has been set up...

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BOE: UK Banks Need to Show They Can Fail ‘Safely’
BOE: UK Banks Need to Show They Can Fail ‘Safely’
June 10, 2022  |  emea

Three of the U.K.’s biggest lenders need to do more to show they could fail without harming customers and taxpayers, the Bank of England (BOE)...

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Lloyds Plans To Buy Embark Group for $542M
Lloyds Plans To Buy Embark Group for $542M
July 30, 2021  |  Partnerships / Acquisitions

Lloyds Banking Group is hoping to boost its status in the investment and retirement sector with its £390 million ($542 million) acquisition of Embark Group....

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Mastercard Teams With Lloyds Bank For Open Banking API
Mastercard Teams With Lloyds Bank For Open Banking API
July 26, 2021  |  Payment Methods

Lloyds Bank is teaming up with Mastercard to launch PayFrom Bank, a solution that gives people the power to make direct payments to merchants from their...

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