Lloyds Banking Share Discussion Threads

[crossing_the_rubicon] 08/7/2019 18:03

"Poikka8 Jul '19 - 16:46 - 264133 of 264137
"Deutsche Bank's London staff 'in tears and told to clear their desks by 11am"
Tough, a reality check"

They'll be the women blubbing, most likely back office.....back office don't earn very much in the big scheme of things so they do deserve some sympathy...

Front office won't care - the best traders will already have found seats elsewhere.
Only the bad traders will be facing a major career change.

[crossing_the_rubicon] 08/7/2019 18:01

"hernando28 Jul '19 - 14:42 - 264123 of 264136
This is just the beginning for the banks across the EU, they didn't deal with their bad debts at 2008, they are stuffed full of junk and dodgy government bonds, big bail outs coming IMO"

Concur but I suspect the "global reset" to sort out the indebtedness is going to be far worse than just big bail outs!!

[xxxxxy] 08/7/2019 17:59

Dear Supporter,

Here is the latest Brexit Party news you might have missed:

We kicked off in style at the European Parliament in Strasbourg. Our 29 new MEPs took their seats as the joint-biggest party in the European Parliament – and took the headlines with their protest against the EU super-state’s “national̶1; anthem.

Brexit Party MEP Ann Widdecombe delivered a barnstorming maiden speech in the parliament. She told EU bureaucrats that there is a long history of “oppressed people rising up against their oppressors”, and assured them that “Nous allons, wir gehen, we’re off!”

Watch the first episode of “BrexBox”;, our Brexit Party MEPs’ new YouTube channel. It’s time the 17.4m Leave voters had a voice. Don’t forget to subscribe!


SUPPORT THE BREXIT PARTY

[grahamite2] 08/7/2019 17:56

There's nothing new about the headline but the points Boris makes are sound. Many are unanswerable.

The uncertainty is terrible for business.
And constant attempts to overturn the result have destroyed what little faith there was in our politics.
a managerial outlook that saw Brexit as a problem to be mitigated rather than an opportunity
It’s created the Brexit Party and nourished the Lib Dems.
By never truly meaning the threat to walk away, our demands were never taken seriously.

My only issue with him is that point 2 is grossly understated. Remainer dirty tricks have destroyed democratic politics, not just our faith in them.

[crossing_the_rubicon] 08/7/2019 17:55

"grahamite28 Jul '19 - 13:58 - 264115 of 264136
Adopting the US Constitution would be a colossal benefit to the UK. It would make free speech safe again"

Concur.
The way we are governed need major change in this country now.

Bringing back common sense so as to deal with trespassing/burglar thieving gypsy scum is a prerequisite.

Bring back firearm ownership.

[alphorn] 08/7/2019 17:46

"It’s almost a year to the day that I resigned from Cabinet"

Translated that means that for over 2 years I was a waste of space and contributed zilch other than make offensive remarks during my time as Foreign Minister.

Guffs are Us.

A great candidate!

[maxk] 08/7/2019 17:40

re; xxxxxy8 Jul '19 - 14:28 - 264120 of 264133






Thats fighting talk! No way even a shape shifting politician can back out of a commitment like that.


Boris it is!

[bargainbob] 08/7/2019 17:39

Without branches a tree dies 🌲.

Branches are for life not just for Christmas.

[poikka] 08/7/2019 16:46

"Deutsche Bank's London staff 'in tears and told to clear their desks by 11am"

Tough, a reality check.

[minerve 2] 08/7/2019 16:43

"Who needs branches??"

People/businesses processing cash and luddites. Some would argue they are the same. In fact Lloyds 'force' branch visits on you for certain things for example adding a second person to an internet account. They still want to up sell/cross sell stuff to us and there is no better place than getting your undivided attention in a branch. The cost of delivering service (if the sales/service person is required) is then a decision of overheads of branch vs overheads of a great big chimp warehouse full of telesales vs employment catchment etc.. all other things being equal. Simplified, but you get the drift....

[jacko07] 08/7/2019 16:23

Did Harold Wilson sign us up for the Vietnam war?

Nope, Harold was too old.
Trump had bone spurs and a fake Doctor's note!

LOL

[mikemichael2] 08/7/2019 16:23

Who needs branches??

[jordaggy] 08/7/2019 15:36

When you're awarded shares, you have a vested interest in the organisation doing well. So pain in the backside that these new awards give me, it's better than paying bonuses in cash, which diminishes that cash pot for dividends.

[ekuuleus] 08/7/2019 15:30

walrus, you also need to include the number of new shares created, albeit, overall, more are being cancelled.

[m4rtinu] 08/7/2019 15:26

Walrus - couldn't agree more.

[grahamite2] 08/7/2019 15:03

A Daily Telegraph online subscription is very cheap and I recommend it to anyone, mainly for the comments.

We all hate Mrs May far more than Corbyn.

[ladeside] 08/7/2019 14:59

And just a couple of weeks back, in case you missed it,

The closing branches are:

Closing Lloyds Branches Closure Date
Milton Keynes Wolverton 27/08/2019
Newport Pagnell 02/09/2019
Headington 16/09/2019
Swindon Gorse Hill 28/08/2019
Yateley 29/08/2019
Merrow 22/08/2019
Shoreham-by-Sea 16/09/2019
Storrington 09/10/2019
Horley 22/08/2019
Reigate 29/08/2019
Canford Cliffs Poole 09/10/2019
Wickford 16/09/2019
Cheshunt 20/08/2019
Ware 03/09/2019
Rickmansworth 27/08/2019
Hampstead 21/08/2019
London Raynes Park 22/08/2019
Staveley 14/10/2019
Wombourne 27/08/2019
Doncaster Wheatley 21/08/2019
Liverpool Law Courts 17/09/2019
Birtley 20/08/2019
Bradford West Bowling 17/09/2019
Swansea Sketty 28/08/2019
Bristol Staple Hill 17/09/2019
Plymouth Derrys Cross 27/08/2019

Closing Halifax Branches Closure Date
Coventry Market Way 21/08/2019
Croydon George St 28/08/2019
Rochester 29/08/2019
Cannon Street 19/08/2019

[ladeside] 08/7/2019 14:55

LLoyds is far from immune. In the last week, we've had,

"As part of the ongoing programme of change to re-shape the Group to respond to its operating environment, a number of internal announcements are being made today.

Seven different projects across three business divisions are being communicated (in Commercial Banking, the Chief Information Office and Motor Finance within Retail division).

The biggest impacts are in Glasgow with the withdrawal of Markets & Lending Delivery and Client Services Delivery in Commercial Banking from St Vincent’s House and in the Black Horse Distribution channel in Motor Finance and Leasing".

Lloyds Bank has announced today that it will close a further 7 branches,

The closing branches are:

Bargoed
Bedworth
Bristol Henleaze
Derby Irongate
Edgeley
Spilsby
Stubbington

[ladeside] 08/7/2019 14:50

Just wait until PCP crashes and burns and as for investment backed Mortgages, oh dear..........

[hernando2] 08/7/2019 14:42

this is just the beginning for the banks across the EU, they didn't deal with their bad debts at 2008, they are stuffed full of junk and dodgy government bonds, big bail outs coming IMO.

[grahamite2] 08/7/2019 14:38

Belonging to the EU I liken to being on a bus where neither the driver nor the passengers know the destination.

Quite wrong. The driver knows the destination perfectly well, it's just not the place the passengers want to go.

[xxxxxy] 08/7/2019 14:32

Boris for PM

LEAVE and WTO

[xxxxxy] 08/7/2019 14:28

No more fake Brexit deadlines: we must leave the EU on 31st October, come what may
Boris Johnson

It is three years since we voted to leave the EU. Since then we’ve dithered and delayed. Broken our promise once, then once again. The uncertainty is terrible for business. Big issues have been ducked. And constant attempts to overturn the result have destroyed what little faith there was in our politics. Three years of hand-wringing, of a managerial outlook that saw Brexit as a problem to be mitigated rather than an opportunity, has left us humiliated. It’s created the Brexit Party and nourished the Lib Dems. Both have feasted on our vote, as over a thousand Conservative councillors will testify. It’s almost a year to the day that I resigned from Cabinet, so I could argue my case for a proper Brexit that unites people around the exciting opportunities for our country. Not only were we the architects of our own incarceration – in the form of the Irish backstop – but we also laid down the one weapon that might have got us what we wanted. By never truly meaning the threat to walk away, our demands were never taken seriously. This election comes at a critical moment because there is still time to change. The choice for members of our great party – legitimately wondering if this is its final chapter – is whether we change direction or settle for more of the same. More of the same means more Brexit dithering and delay, more uncertainty for business and continuing division in our country. Kick the can and we kick the bucket. That means only one thing: the proto-Marxist, Chavez-worshipping, anti-Semitism-appeasing Jeremy Corbyn. That’s the consequence of more of the same. We need a change of direction. That’s why we must treat 31st October as a real deadline for leaving the EU, come what may, not a fake one. The hour is darkest before the dawn. Get this done and we can turn things around. What I’m offering is a more optimistic, dynamic approach to these negotiations. I want a deal. I believe our European friends want one and they will be in no doubt that we are serious because we will prepare all-out for No Deal. In so far as our wishes have appeared unclear in the past, our friends will quickly see where things stand. The no-brainer of protecting citizens’ rights, putting the £39 billion into a state of creative ambiguity and moving discussions about the Irish border to their proper place: our future trading relationship. If our friends feel they cannot agree, then we will be match fit for No Deal. We will have the fiscal firepower to support business and agriculture. We will be free to substantially diverge on tax and regulation. I don’t know about you, but I have had enough of being told that we cannot do it — that the sixth biggest economy in the world is not strong enough to run itself and go forward in the world. Politics has changed and many of my colleagues understand this. MPs on all sides have got to understand it is their responsibility to deliver Brexit as democrats first and foremost. It was right to ask the people whether we should stay in the EU or leave, and it is right for Parliament to enact that decision. Dogs in the manger need to wake up – our democracy is too fragile to be played around with. We voted to leave and leave we will. Campaigning for leave up and down our great country, I got the same message. Town after town felt invisible and ignored. Our great economic success was for other people in other places. Not theirs. Yes, people wanted control over our borders and our money. But the clincher was opportunity, or the lack of it. I will unite this country by doing for all the regions and nations what I did in London: building the infrastructure to unlock jobs and growth, closing the opportunity gap. That’s why alongside delivering Brexit by 31st October I will deliver the funds to level up education funding for every child, deliver full fibre broadband for every home by 2025 and 20,000 more police officers on our streets. I want to be the Prime Minister who does with Northern Powerhouse Rail — the Crossrail of the North — what I did in London with Crossrail. I will protect our Union by becoming the Minister for the Union, with the clout in Whitehall to match. I feel a deep sense of personal responsibility for Brexit and that’s why I am the one to see it through. This is it. No second chances. We can choose more of the same, or we can choose change: delivering Brexit on 31st October, uniting the country and beating Corbyn.