Lloyds Banking Share Discussion Threads

[mitchy] 11/3/2020 07:08

Lloyd's has gone full multi cloud with Google and Microsoft . Anyone know exactly what that means?

[glavey] 11/3/2020 07:06

BOE Base Rate cut 50bps

[mitchy] 11/3/2020 07:05

DOW UP 1200 from FTSE close over night. Should be good for some blue first thing but will it hold?

[xxxxxy] 11/3/2020 06:53

990True. Ironic.

[xxxxxy] 11/3/2020 06:31

Banks to offer mortgage 'payment holidays' amid coronavirus recession fears
RBS, TSB and Nationwide will suspend payments for homeowners affected by virus for up to three months

...Daily Telegraph

... Compassion is important at this time.

[xxxxxy] 11/3/2020 06:28

We should not barter away our defence forces

by JOHNREDWOOD | Published: MARCH 11, 2020

Bernard Jenkin spoke to the Conference about the need to distance ourselves from the European army which lies behind the Common defence and Security policy of the EU.

He reminded us that out of NATO’s total annual spend of $£912 billion, the current EU only accounts for around $165bn, with the UK contributing $61bn. The EU is keen to keep us locked into their defence ambitions, given the relative scale of our contribution.

The EU Negotiating mandate has gone beyond the Political declaration of the Withdrawal Agreement, and asks for a EU/UK Security Partnership. The UK Negotiating Mandate includes no such item. Defence is not mentioned separately, but is covered by the general provisions about “standard third country participation in certain Union programmes”.

The UK does not wish to be part of PESCO, permanent structured co-operation. The UK may be willing to join EU led task forces or missions as an ally, or may invite EU forces to join in missions we are planning. The main thrust of UK military activity will continue to be through NATO. We rely on NATO support for our defence against potential major global aggressors, and work closely with our NATO allies and the UN on peace keeping and peace making missions around the world.

There are some in the official government of the UK keen to bind us into European common defence procurement, as a first step to making us more interdependent with the smaller and less versatile forces of the continental countries outside France. The present UK government has set out a mandate to move us more in the direction of independent forces collaborating closely through NATO.

[1 nhs] 11/3/2020 03:32

A fund manager with vision

[k38] 11/3/2020 00:20

Reading buywell3 post ..doesn't make you think how lucky we are by getting out of the sht corrupt hole....On top of that the benefits and opportunities are unlimited for our exports and companies in general.

[buywell3] 11/3/2020 00:08

--------------- Covid 19 , Italy and the rest of the EU ----------------


Italy will IMO ask the EU for minimum 100 Billion Euros regarding Covid-19 costs within days

200 Billion Euros in a month if left that late as the economy of that country slows to next to a dead stop.

Other EU members affected by Covid-19 are IMO to follow the lead Italy sets

The cost to the EU in just loans to affected countries within the next 12 months will IMO be well over 1 Trillion Euros, this is JUST loans being made.

Total Covid-19 costs to the financial fallout to the EU will IMO be 10 times this number over the next 12 months.

Many listed companies will go bust IMO

Banks and other financial institutions will IMO be in default in many countries

Insurance claims by both big organizations/businesses and individuals due to Covid-19 losses look set to rocket.

dyor

[k38] 10/3/2020 23:13

..and Share Consolidation too.

[minerve 2] 10/3/2020 23:05

Picture the scene, in 200 years time aliens land to find no sign of life on this planet, however they find plenty of trace evidence. Were they an intelligent life form they wonder. A little digging in the dust they find a computer and on powering it up they click the first key and it replays a recorded Twitter feed.....



(play with volume up for best effect)

[k38] 10/3/2020 23:05

The "share awards " must be stop. Together with "share buyback" is nothing more than stealing cash from small holders.

[diku] 10/3/2020 22:55

From the RNS...share awards galore...plenty of gobble-dy-ghook...any of them had a clawback...and anybody know what the 3 year performance target is?...insiders own the company...wider shareholders are just a side kick...a bit like the extras in the films...who keeps track of all this awards and how accurate is it?...





In line with requirements of the PRA Rulebook and FCA Remuneration Code (SYSC 19D), a maximum of 40 per cent of any variable remuneration awarded to Executive Directors and other members of the Group Executive Committee will be paid in 2020 (subject to applicable holding requirements). The remaining 60 per cent must be deferred.

For the 2019 Group Performance Share awards, GBP2,000 is paid in cash in March 2020 with the balance of the upfront 40 per cent delivered in Shares. 50 per cent of the upfront Shares will be delivered immediately and will be subject to a holding period ending in March 2021. The remaining 50 per cent of the upfront element will be delivered in June 2020 as a number of Shares to be determined based on the prevailing share price at that time, and with such number of Shares being separately notified to the market at the time of delivery. The remaining 60 per cent of the 2019 Group Performance Share awards is deferred into Shares, with 40 per cent vesting in 2021 and 20 per cent in 2022, and with a holding period applying to half the shares delivered.

Number of Shares Number of Shares Vested immediately (subject to a one year holding
Name Awarded in March 2020 (1) period) (2)
William Chalmers 316,456 41,930
Antonio Lorenzo 274,604 36,384
Vim Maru 334,022 44,256
Zak Mian 254,986 33,785
Janet Pope 187,796 24,882
Stephen Shelley 246,362 32,642
Jennifer Tippin 313,441 41,530
Andrew Walton 255,223 33,816

(1) Based on a Share price of 49.4296 pence, being the average of the closing Share price
of the five trading days prior to the date of award. This is the maximum number of Shares
under award, which will be subject to income tax and national insurance contributions on vesting.
The number of Shares to be delivered in June 2020 will be determined based on the prevailing
share price at that time and separately notified to the market at the time of delivery.

(2) Net amount vesting immediately


Group Ownership Share Plan - 2020 awards

Awards for the 2019 performance period were made on 5 March 2020 under the rules of the Executive Group Ownership Share Plan 2016. These awards are subject to a three-year performance period ending 31 December 2022, with vesting between the third and seventh anniversary of award on a pro-rata basis. These awards are subject to clawback for at least seven years from the date of award.

[mitchy] 10/3/2020 22:50

The one good thing that may come out of this virus is the whole world is now united against a common enemy for the first time possibly in history ! (Well , if it wasn't for a mind bogglingly stupid oil price war ffs).

[maxk] 10/3/2020 22:49

Whilst bigger fools look on .. eh Min?

[mitchy] 10/3/2020 22:41

Still haven't got my last bullet loaded yet and in no rush to do so. Need to see positives on both the virus and Brexit. Then , of course , the impacts on production ,jobs , company liquidations which are all to come. The governments all round the world are cutting everyone some slack during this time but what of countries like Italy who were close to the edge before this crisis ? If Italy need to be bailed out who is going to bail them out ? The IMF ? They are to big for the EU and could well distabalise not just Europe but the world of financial domino's. But that's a worse case scenario. Good Luck.

[k38] 10/3/2020 22:38

Expect further market turbulence, this is not over by far.

[mitchy] 10/3/2020 22:22

You can't hold black horse down: Brit bank Lloyds goes full multi-cloud, signs up with Google as well as MicrosoftSpirited equine gambols from vendor to vendorBy Richard Speed 10th March 2020 18:47 GMT

[gaygay3] 10/3/2020 22:18

50p tomorrow no chance that’s a 20% raise

[minerve 2] 10/3/2020 22:14

mr.elbee VS Pierre

Two gnats in a thimble arguing over curry powder!

You couldn't make it up!

ROFLMAO!

[diku] 10/3/2020 21:54

No time?...who they kidding...if only they stopped looking at their mobile phones they will more time...just more unnecessary admin work for banks...



The watchdog said it believed there was a case for intervening to help customers who do not switch. It said that many borrowers were paying more than necessary because they did not have the time to remortgage, or feared a lengthy application process if they did so....