Lloyds Banking Share Discussion Threads

[amaretto1] 29/7/2020 07:11

Barclays strong results considering

[philanderer] 29/7/2020 00:28

Banks could be free to restart dividend payments within months

Bank of England willing to consider payouts from January onwards in boost to legions of investors

[maxk] 28/7/2020 23:41

Stop giving bob a hard time.


I like the jock rants, it's good stuff, very entertaining. Bonkers, but entertaining.

[diku] 28/7/2020 23:28

Meaning more so called stress test later...

[geckotheglorious] 28/7/2020 23:13

Interesting speculation on China dam being about to collapse...

[grahamite2] 28/7/2020 23:06

In similar vein...I was going to ask, does ANYONE read bargainbob's interminable drivel?

[jl5006] 28/7/2020 22:56

BB
Why do u bother to put this on this BB
Do u not have anything better to do?

[wllmherk] 28/7/2020 22:43

This is probably a stupid question, but, what if a bank refused to comply and paid a dividend, what could, or would, the PRA do?

wllm

[xxxxxy] 28/7/2020 22:02

No DealNos da. Cymru am byth.

[whitestone] 28/7/2020 22:01

PRA statement on dividend payments and share buybacks beyond 2020

This statement confirms the PRA will undertake its assessment of firms’ distribution plans beyond the end of 2020, in Quarter 4 2020.



Published on 28 July 2020

The PRA notes the European Central Bank’s (ECB’s) announcement on dividend payments and share buybacks ‘ECB extends recommendation not to pay dividends until January 2021 and clarifies timeline to restore buffers’.

In its statement on Tuesday 31 March ‘PRA statement on deposit takers’ approach to dividend payments, share buybacks and cash bonuses in response to Covid-19’, the PRA welcomed the decisions by the boards of the large UK banks to suspend dividends and buybacks on ordinary shares until the end of 2020, and set out its expectation that banks would not pay cash bonuses to senior staff.

The PRA regards distributions as an important and necessary part of the functioning of the banking system, but these decisions were a sensible precautionary step given the unique role of banks in supporting the wider economy through the period of economic disruption.

The PRA will undertake its assessment of firms’ distribution plans beyond the end of 2020 in Quarter 4 2020. The assessment will be based on the current and projected capital positions of the banks and will take into account the level of uncertainty on the future path of the economy, market conditions, and capital trajectories prevailing at that time.

[xxxxxy] 28/7/2020 22:01

Carpe Jugulum28 Jul 2020 1:52PM@DG I was a police officer for thirty years and have been teaching biology and chemistry in sixth form colleges for the past fifteen years.Extraordinary restrictions on people's liberty demand extraordinary circumstances to justify them and only then when clearly explained with supporting data and cost /benefit considerations made.SARS-cov-2 is not Disease X, it is a mediocre virus. Even worse, NO government, apart from Sweden, has released the data and cost benefit analyses on which lockdown decisions have been made, much less the cost/ benefits considered.My March comment is below -Carpe Jugulum 16 Mar 2020 4:35PMThe idea of 'containing' a virus with a lengthy asymptomatic but infectious period is abject nonsense. The longest infectious period measured for SARS2 so far is 31 days.Those buffoons like Rory Stewart and Piers Morgan advocating immediate lockdowns would benefit from facing some very basic questions.What happens when a lockdown period ends and SARS2 emerges from the reservoir of infection elsewhere? Another lockdown? Then another?What happens when so much economic damage has been done by sequential lockdowns you can no longer afford a health service?The UK policy so far is both logical and pragmatic.'Containment' is for those who still believe in fairies or who think 'doing something' is the same as 'achieving something', beyond advertising ones stupidity that is.Trying to MANAGE the new case rate to levels the NHS can cope with is both pragmatic and sensible

[xxxxxy] 28/7/2020 21:59

Occam's Razor28 Jul 2020 6:40PMThe Office of National Statistics (so a government source) are now reporting deaths over the last 5 weeks in England and Wales less than the 5 year average- every week.This is likely due to the fact that the c19 deaths so far have been largely confined to the 75+ age group of those with underlying conditions (I.e those already in God's waiting room). Further I would expect this trend to continue throughout the rest of the summer until year end when people start dying disproportionately due to deferred or cancelled treatments for the major killers (cancer, heart disease, pulmonary etc).The statistics from ONS show additionally a record of C19 as a condition mentioned on death certificate - so its meaningless.It's all designed to scare people into getting the vaccination when it comes...

[bargainbob] 28/7/2020 21:55

Great advice for people in Derby .

[patientcapital] 28/7/2020 21:18

The government's widely ridiculed (at the time) advice about people staying alert seems to be in tune with the current thinking."A senior World Health Organization (WHO) figure has said that coronavirus pandemic is likely to be "one big wave" as they warned people to remain vigilant despite lockdowns being eased.WHO spokesperson Margaret Harris said the idea of a "second wave" is flawed since infection rates do not seem to be affected by the seasons.Instead, Harris said, people should think about the virus as a single wave – since the danger remains the same throughout the year."

[utrickytrees] 28/7/2020 21:12

Who's Bruce the Robert's?

[xxxxxy] 28/7/2020 21:06

Banks could be free to restart dividend payments within monthsBank of England willing to consider payouts from January onwards in boost to legions of investors... Daily Telegraph

[xxxxxy] 28/7/2020 19:35

Been bit off Boris lately.But.Love Boris.No Deal.

[essentialinvestor] 28/7/2020 18:57

diku, it's just a guessestimate on those loans.

There are reports of widespread fraud because of light touch lending.

What I expect may happen is as delinquencies rise, UK politicians will feign
outrage - eventhough banks have been expressly told to lend quickly.

Then political pressure will begin to mount for banks to share some of
the pain, as this was taxpayers money and their due diligence was lacking etc.

Completely unfair, however that's my take on the government guaranteed business loans.

[diku] 28/7/2020 18:40

No doubt you will have noticed since the financial crisis of 2008 - 2009 rates have one purpose and one purpose only...support the property market and the loan market...keep rates low...and nothing for savers...so borrowers can full fill their borrowing obligations...hence property prices are just not falling...and those first time buyers like the sparkle of new builds...it makes them feel good...suck them in...




sikhthetech28 Jul '20 - 11:12 - 11053 of 11063
0 0 0
Diku,

"H2B are at least asset linked new builds..."

Yes, new builds tend to be around 20% more, so new build buyers are already in a loss when they buy.
What happens to those assets if the housing market crashes?. Falling house prices, lower asset prices leads to bad, toxic, loans..

The govn needs house prices to continue rising otherwise they will be stuck with toxic H2B loans, another financial crisis...