Lloyds

Mounting Losses, SMBs and Digital Banking Define UK Big Four Performance in H1 2022
Mounting Losses, SMBs and Digital Banking Define UK Big Four Performance in H1 2022
August 01, 2022  |  Earnings

It’s earnings season for the U.K.’s “Big Four” banks — Barclays, HSBC, Lloyds and NatWest — and despite taking a stock market beating at the...

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EMEA Daily: Lloyds Looks to Buy More FinTechs; Helu.io Raises $10M
EMEA Daily: Lloyds Looks to Buy More FinTechs; Helu.io Raises $10M
July 27, 2022  |  International

Lloyds Looks to Buy More FinTechs, CEO Says Lloyds Banking Group is considering acquiring more FinTechs to boost its digital capabilities. CEO Charlie Nunn said...

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Lloyds Looks to Buy More FinTechs, CEO Says
Lloyds Looks to Buy More FinTechs, CEO Says
July 27, 2022  |  Acquisitions

Lloyds Banking Group is considering acquiring more FinTechs to boost its digital capabilities, the company’s chief executive said Wednesday (July 27). As Bloomberg TV reported,...

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EMEA Daily: Regional Central Bank Alliances May Shape the Digital Dollar’s Future; Amsterdam Startup ParkBee Closes $33M Financing Deal
EMEA Daily: Regional Central Bank Alliances May Shape the Digital Dollar’s Future; Amsterdam Startup ParkBee...
March 22, 2022  |  International

In today’s top Europe, Middle East and Africa news, the Swiss-based Bank for International Settlements has completed trials of blockchain-based platforms, while Dutch startup ParkBee...

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CMA Warns Barclays, Lloyds to Comply With Open Banking Order
CMA Warns Barclays, Lloyds to Comply With Open Banking Order
March 22, 2022  |  Bank Regulation

The U.K. Competition and Markets Authority (CMA) on March 21 sent two letters to Barclays and Lloyds to communicate the regulator’s concerns about breaching their...

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EMEA Daily: Meta Faces Fines in South Africa; CloudPay, Visa Partner on Payroll Payments; UK Crime Agency Eyes Crypto Mixers
EMEA Daily: Meta Faces Fines in South Africa; CloudPay, Visa Partner on Payroll Payments; UK...
March 15, 2022  |  International

In today’s top Europe, Middle East and Africa news, South Africa’s competition regulator is seeking to prosecute Facebook for abusing its dominance in the social...

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Lloyds to Divide Its Three Units Into Five
Lloyds to Divide Its Three Units Into Five
March 15, 2022  |  Banking

Lloyds Banking Group will divide its three units into five as part of a restructuring plan, Reuters reported Tuesday (March 15). The report said CEO...

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EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery Space
EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery...
January 03, 2022  |  International

In today’s top Europe, Middle East and Africa news, U.K. high street bank Lloyds has acquired a stake in loyalty app Bink, while European giants...

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High Street Bank Lloyds Acquires Stake in FinTech Loyalty App Bink
High Street Bank Lloyds Acquires Stake in FinTech Loyalty App Bink
January 03, 2022  |  Acquisitions

Lloyds Banking Group, the U.K.’s largest high street lender, has acquired a minority stake in the loyalty app startup Bink for an undisclosed amount that...

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