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| Name | Symbol | Market | Type |
|---|---|---|---|
| Lloyds Banking Group Plc | NYSE:LYG | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.03 | 1.17% | 2.60 | 301 | 09:27:49 |
From May 2019 to May 2024
By Ian Walker
Lloyds Banking Group PLC said Friday it is in late-stage settlement talks with a number of agencies over the potential rigging of Interbank Offered Rates and other benchmarks.
Responding to media reports, the 24.9% government-owned bank said the settlements remain to be agreed, and that it expects them to include penalty payments.
The Financial Times reported Thursday that Lloyds is expected to pay up to GBP300 million to regulators in the U.K. and U.S. over allegations it manipulated a key interest rate benchmark.
An announcement from the bank, accused of manipulating the London interbank offered rate, or Libor, is expected to come before it discloses six-month financial results on Thursday, the FT reported. The report didn't break down the amount of payments to each country's regulator.
Write to Ian Walker at ian.walker@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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