Lloyds Banking Share Discussion Threads

[optomistic] 11/6/2020 12:17

Very true Gary.
I suppose this is why we couldn't have a divi, to be able to give it to someone else.
FCA right on the ball when it comes to dishing out Lloyds money!

[alphorn] 11/6/2020 12:14

#313. Why, do you need someone to support your course of action?

[gary1966] 11/6/2020 12:05

Really hundreds of thousands genuinely in difficulties or arrears or a lot of people just taking advantage of the situation? Let's just keep some balance here that furlough payments were 80% of salary for most people, they had no commuting costs and couldn't go out and spend any money. An awful lot of people would have been better off financially with that scenario.

[minerve 2] 11/6/2020 12:04

Amazing, eh? LOL

[minerve 2] 11/6/2020 12:02

I like boat terms.

To remember which side is which: 'Port' is a four letter word, so is 'Left'. Starboard and Right don't match so Port is your left side of the ship as facing the bow. Also Port wine is generally red so when you see a light on the ship that is on its Port side, the other side green.

[y1phr1] 11/6/2020 11:56

33p today 31 p tomorrow

[bbalanjones] 11/6/2020 11:55

Shuuuuush! Some folk on here are still "smuggling drugs inside crab tins".

[m4rtinu] 11/6/2020 11:47

"America sneezes and the world catches a cold!" I think this time it was China.

Although it is not absolutely clear where covid started. And some thoughts that it was in Europe before Christmas.

[bbalanjones] 11/6/2020 11:36

Never learn syndrome?

Lloyds has been fined £64m by the City watchdog after an investigation found the bank failed treat mortgage customers fairly after they fell into financial difficulty.

The fine is linked to Lloyds’ mishandling of over 526,000 mortgage customers between 2011 and 2015, who have since been reimbursed a combined total of £300m.

The Financial Conduct Authority (FCA) said Lloyds had avoided a higher fine of £91m because it had accepted the regulator’s findings.

The bank’s “systems and procedures for gathering information from mortgage customers in payment difficulties or arrears resulted in the banks’ call handlers not consistently obtaining adequate information to assess customers’ circumstances and affordability”, the FCA said.

Mark Steward, the FCA’s executive director of enforcement and market oversight, said:

Banks are required to treat customers fairly, even when those customers are in financial difficulties or are having trouble meeting their obligations. By not sufficiently understanding their customers’ circumstances the banks risked treating unfairly more than a quarter of a million customers in mortgage arrears, over several years. In some cases, customers were treated unfairly, including vulnerable customers.

Customers should still pay what is owed, but banks are obliged to treat their customers fairly when making new payment arrangements.

Firms should take notice of the action we have taken today to ensure that their own treatment of customers meets our expectations.”

[k38] 11/6/2020 11:30

I think the under 30s days are over unless another lockdown soon...32p shows will hold.

[diku] 11/6/2020 11:27

You are on the roll..

[mitchy] 11/6/2020 11:23

Certainly enough buyers at these prices but I'm waiting for 28p again before pulling the trigger on another tranche. If it doesn't get down there ....good. If it does Good. It's Saul Goodman.

[smartie6] 11/6/2020 11:21

Tsunami, tsunami, tsunami. I can join in with that.

[mitchy] 11/6/2020 11:19

France Italy and Netherlands looking to exit the EU as well. The dismantling of the EU will cause some financial shock waves . Just a question of when and how high the waves will be.

[smartie6] 11/6/2020 11:18

Down we go.
Tiiiiiiiiiiiimmmmber.

[k38] 11/6/2020 11:15

The day traders love this virus period. Nothing unusual today.. Charts show a U-turn at 3198 and 3200

[smartie6] 11/6/2020 11:06

Mitch, which side of the bed did you get out of this morning?

[mitchy] 11/6/2020 11:03

DOW futures down 650 points

[diku] 11/6/2020 10:51

So do I hear our good old Antonio got the shares and he sold some of the shares?...

[millymoose] 11/6/2020 10:44

Yes for the recipient but they are bought and then either kept or sold and cash is received by the staff member. I elected to take the cash, so the appropriate number of shares are bought over the first week of June to cover the cash value of my 2019 bonus award

[essentialinvestor] 11/6/2020 10:42

chav, give it a rest on Brexit FFS. You keep repeating the same point. You favour WTO, we get it.