Lloyds Banking Nears Libor Settlement With Regulators

Lloyds Banking Group Plc (LLOY) said it’s nearing a settlement with regulators on fines following the manipulation of key benchmark interest rates such as Libor.

British investors demand banks stick to lockups on share sales

(Reuters) - British investors have called upon investment banks to stick closer to lock-up agreements on sales of company shares after a major transaction, saying it would ensure more stable markets.

UK to rebuff private equity, overseas funds in Lloyds sale - sources

LONDON (Reuters) - Britain will start selling its shares in Lloyds Banking Group (LSE: LLOY.L - news) to pension funds and insurers later this year, rejecting interest from private equity and sovereign wealth funds, industry and political sources said.

Five U.K. Banks Must Raise Extra $21 Billion Capital

Five U.K. banks must find 13.4 billion pounds ($21 billion) to plug a 27.1 billion-pound capital shortfall by the end of the year, the Bank of England said.

Lloyds May Raise $1.2 Billion From Scottish Widows, Numis Says

Lloyds Banking Group Plc (LLOY), the U.K.’s biggest mortgage lender, may reap about 800 million pounds ($1.2 billion) from selling fund-management unit Scottish Widows Investment Partnership, Numis Corp. said.

Taxpayers' £66bn in RBS and Lloyds at risk, say MPs

The £66bn of taxpayer funds used to buy shares in Royal Bank of Scotland and Lloyds Banking Group at the height of the financial crisis may never be recovered, a powerful group of MPs warned on Friday.