Lloyds Banking Group PLC (LON:LLOY) has selected BNY Mellon for its transfer agency services.

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Lloyds Banking Group PLC (LON:LLOY) Makes Transfer Decision

Under this new deal, BNY Mellon Corporate Trust will provide a variety of services including debt issue, processing principal, interest payments and maintaining bondholder records for Lloyds Banking Group PLC (LON:LLOY).

James Maitland, head of the International region for BNY Mellon Corporate Trust said, “Lloyds Banking Group Lloyds Banking Group PLC (LON:LLOY) chose BNY Mellon due to our cross-continental capabilities, extensive experience and expertise in the debt capital markets globally, and ability to offer clients comprehensive solutions that meet our clients specific requirements.”

Lloyds Banking Group PLC (LON:LLOY) shares stood at 53.13 at the end of the last trading session.

Price History
Last Price: 53.13
52 Week Range: 49.80- 91.95
Last Vol: 120812408
3 Month Vol: 218179000

Lloyds Banking Group PLC (LON:LLOY) has appointed a new head for its customer value management unit.

Lloyds Banking Group PLC (LON:LLOY) Gets New Head

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Paul de Laat has been appointed as the director of the newly-created division of customer value management in Lloyds Banking Group PLC (LON:LLOY).

In his new role, he will be responsible for determining how to best use business insight to improve and transform customer experience.

Prior to joining Lloyds Banking Group PLC (LON:LLOY), he was employed by Vodafone as the global director of customer value management.

Lloyds Banking Group PLC (LON:LLOY) stocks stood at 54.6 at the end of the last trading session (last trade 16 May 16:35).

Price History
Last Price: 54.6
52 Week Range: 49.80- 91.95
Last Vol: 71579064
3 Month Vol: 221724000

Lloyds Banking Group PLC (LON:LLOY) has been recognized at the Real FD/CBI Excellence Awards this year.

Lloyds Banking Group PLC (LON:LLOY) Picks Up Excellence Award

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In recognition of its support for businesses in the UK, CBI and the Institute of Chartered Accountants in England and Wales (ICAEW) organized Real FD/CBI Excellence Awards has named Lloyds Banking Group PLC (LON:LLOY) as the ‘Bank of the Year’.

Truett Tate, Group Executive Director, Wholesale, Lloyds Banking Group PLC (LON:LLOY) said, “We want to be the best bank for businesses and when businesses themselves recognize our support, that’s a very positive signal that we are doing the right thing. There’s no doubt that times are tough for businesses across the UK, and recovery is proving slow.”

Lloyds Banking Group PLC (LON:LLOY) company shares stood at 54.54 at the end of the last trading session (last trade 11 May 16:35).

Price History
Last Price: 54.54
52 Week Range: 49.80- 91.95
Last Vol: 100928120
3 Month Vol: 226080000

It has been reported that around 150,000 Lloyds Banking Group PLC (LON:LLOY) customers are in negative equity.

Lloyds Banking Group PLC (LON:LLOY) Reveals Negative Equity Figures

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According to UK based banking giant Lloyds Banking Group PLC (LON:LLOY), about 150,000 homeowners who have a mortgage with the bank are in negative equity, where the size of their loan is larger than the value of your property.

A Lloyds Banking Group PLC (LON:LLOY) spokesman said, “A number of borrowers are currently in a position whereby the amount outstanding on their mortgage is greater than the current value of their home. If house prices rise, less borrowers are impacted by negative equity, but if prices fall, as we have seen more recently, more borrowers become affected.”

Lloyds Banking Group PLC (LON:LLOY) stocks stood at 53.38 at the end of the last trading session (last trade 5 May 16:35).

Price History
Last Price: 53.38
52 Week Range: 49.80- 91.95
Last Vol: 799381440
3 Month Vol: 215892000

Lloyds Banking Group PLC (LON:LLOY) has appointed Grainger to manage its insolvent residential properties.

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Lloyds Banking Group PLC (LON:LLOY) Working On Insolvent Properties

Under a newly signed agreement, the UK based mortgage lender Lloyds Banking Group PLC (LON:LLOY) has selected Grainger plc as the preferred supplier to its Residential Asset Management Platform (RAMP).

Grainger will receive fees from Lloyds Banking Group PLC (LON:LLOY) based on rent and disposals from the property portfolio.

Nick Jopling, Grainger’s executive property director said, “We are excited to have been selected by Lloyds Banking Group PLC (LON:LLOY) to work on the creation and management of RAMP. The transaction will deliver to Grainger a recurring income stream with the potential for further upside without the need to commit any Group equity or debt.”

Lloyds Banking Group PLC (LON:LLOY) company shares stood at 58.02 at the end of the last trading session.

Price History
Last Price: 58.02
52 Week Range: 49.80- 91.95
Last Vol: 183294896
3 Month Vol: 215267000

Lloyds Banking Group PLC (LON:LLOY) has put about 38 different bad property assets on the market.

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Lloyds Banking Group PLC (LON:LLOY) Selling Bad Assets

As a part of the move to clean up its bad debt exposures, the UK based banking giant Lloyds Banking Group PLC (LON:LLOY) has put about 38 different distressed property assets collected from different receiverships on the market.

Richard Dakin, head of corporate real estate business support at Lloyds Banking Group PLC (LON:LLOY) said, “This latest initiative is another example of the work we are doing to manage our property book and deleverage our balance sheet. The concept of bringing together a portfolio of assets of this type is something we wanted to explore.”

Lloyds Banking Group PLC (LON:LLOY) stocks stood at 59.25 at the end of the last trading session.

Price History
Last Price: 59.25
52 Week Range: 49.80- 91.95
Last Vol: 80258528
3 Month Vol: 215272000

Lloyds Banking Group PLC (LON:LLOY) has created a new group-wide team for sustainability.

Lloyds Banking Group PLC (LON:LLOY) Launches New Team

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In order to strengthen its commitment to sustainability and the wider community, the UK based banking giant Lloyds Banking Group PLC (LON:LLOY) is bringing together its Wholesale Sustainable Development division and the Group Corporate Social Responsibility (CSR) team under a new head.

The group will be lead by Paul Turner, who is a former head of Sustainable Development at Lloyds Banking Group (LON:LLOY)’s Wholesale Division.

Turner said, “This new appointment in part recognizes that it’s not just about our business and corporate customers, but also about linking our activities to ensure we, as a major player in the UK economy, are contributing positively to the society in which we operate.”

Lloyds Banking Group PLC (LON:LLOY) shares stood at 59.79 at the end of the last trading session (last trade 27 Apr 16:35).

Price History
Last Price: 59.79
52 Week Range: 49.80- 91.95
Last Vol: 93495928
3 Month Vol: 218760000

Lloyds Banking Group PLC (LON:LLOY) has appointed new heads for its Global Payments and Cash Management system.

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New Lloyds Banking Group PLC (LON:LLOY) Heads Hired

According to an announcement made by the company, Lloyds Banking Group PLC (LON:LLOY) have appointed Kevin Stockbridge as the new Director and Katherine Moore as Associate Director for its Global Payments and Cash Management Sales for Financial Institutions.

Sumit Jamuar, Managing Director and Global Head of Sales and Global Clients said, “These appointments strengthen the team and reflect our ongoing commitment to this important area for our financial institutions clients. Kevin and Katherine’s knowledge and experience of the issues international financial institutions encounter will be invaluable as Lloyds Banking Group PLC (LON:LLOY)’s Corporate Markets seeks to continue to support its banking clients’ needs in an evolving market.”

Lloyds Banking Group PLC (LON:LLOY) company shares stood at 58.72 at the end of the last trading session.

Price History
Last Price: 58.72
52 Week Range: 49.80- 91.95
Last Vol: 36089640
3 Month Vol: 223304000