Lloyds Banking Share Discussion Threads

[diku] 14/7/2020 14:37

maxk...you are classic...post 309943...

[dexdringle] 14/7/2020 14:23

...well that's generous of them....

[smartypants] 14/7/2020 14:23

Deutsche Bank Reinstates Hold on Lloyds Banking Group

[smartypants] 14/7/2020 14:20

Citigroup Inc.'s second-quarter profit fell 73%, weighed down by $7.9 billion the bank set aside for potentially rising loan losses.

Citigroup's loan-loss provision included $2.21 billion in net charge-offs and $5.7 billion it added to its reserves for loans that might default in the future. Analysts had expected the total would be $7.36 billion.

Citigroup had already put aside $7.03 billion in the first quarter for potentially souring loans and now has a total $28.28 billion allowance for loan losses as of the end of June.

[smartypants] 14/7/2020 14:18

Wells Fargo set aside $9.57 billion in the second quarter to cover potential loan losses on top of the $3.83 billion it set aside in the first quarter.

"Our view of the length and severity of the economic downturn has deteriorated considerably from the assumptions used last quarter," Chief Executive Charles Scharf said in a statement.

[minerve 2] 14/7/2020 14:14

"The French and German systems were better than ours when ours was a nationalized industry, too. The ownership structure is largely irrelevant."


Ah, NOW the ownership structure is "largely irrelevant".

LOL!

[m_n_tomlinson] 14/7/2020 14:12

pwal14 Jul '20 - 11:18 - 309938 of 309956

As for Lloyds: Results due and IMHO a move upwards.



Assuming the results are good.

Knowing AHO, hr'll throw the kitchen sink at it and tank it.

He always seems to kick one when one is down.

I hope not, but I fear the worst.

[4spiel] 14/7/2020 13:52

Who will buy this bank - there must be risk when the share price this low something must be wrong!

[poleaxe] 14/7/2020 13:39

Yes potty but its got to be the right school innit.

[portside1] 14/7/2020 13:29

Lloyds is a bank of directors who have no shame Any one in school could run this bank better

[grahamite2] 14/7/2020 12:54

People should realise that French have a better Rail system than ours and it is state run. The German Rail system Deutsche Bahn is owned by the German State, imo both are better than our overcrowded badly run expensive fare rail system.

The French and German systems were better than ours when ours was a nationalized industry, too. The ownership structure is largely irrelevant.

[minerve 2] 14/7/2020 12:38

Boris isn't left, he is just stupid. The article about G4 was pre-Boris.

[jacko07] 14/7/2020 12:37

Minnie..so you agree that Boris is more left than you thought. People should realise that French have a better Rail system than ours and it is state run. The German Rail system Deutsche Bahn is owned by the German State, imo both are better than our overcrowded badly run expensive fare rail system.

[minerve 2] 14/7/2020 12:29

If the government say things like "we are relying on the common sense of the British people" and people "should" wear masks when out and about what do you think the bozos are going to do!

LOL

Boris should be saying that people HAVE to wear masks and the people are RELYING on the government to give clear and strong instruction. Reliance is NOT the other way around.

There is no such thing as common sense. If anything common sense is actually 'uncommon sense' as noted by Charlie Munger.

[minerve 2] 14/7/2020 12:23

I don't own Capita ATM but they are always in the dock for something. :)

I was posting it because the Tory government are nationalising many things that seem to go unnoticed by the privatisation tribe.

[xxxxxy] 14/7/2020 12:23

End Lockdown completely. Now.

[geckotheglorious] 14/7/2020 12:20

jacko07
Post 309944
"For years Surgeons and Operating Theatre and infectious disease ward staff have worn PPE and face masks. Isn't it plainly obvious that these things aren't fashion items they wear them to stop infection"

Absolutely.

Am looking forward to Poikka's response to such.

[jacko07] 14/7/2020 12:20

I agree Minnie, but aren't your star company Capita in the dock for similar!

[smartypants] 14/7/2020 12:19

JPMorgan Chase sets aside $8.9 bn in Q2 for bad loans