Lloyds Banking Share Discussion Threads

[marktime1231] 11/4/2024 12:48

Trimmed my LLOY stake down to a bare minimum today, simply because there have been so many times when the positive narrative has turned sour. Let's see where the share price goes over the next six months. My guess is the US will defer interest rate cuts where the economy is stronger and it is seeing a CPI resurgence, and the BoE MPC will not dare to move until the US do.

[gotnorolex] 11/4/2024 11:56

It was not until the seventies that I got to see Sinatra on stage with the Nolan Sisters. London completely sold out a year in advance, so took a trip to Vienna for a front row seat!
Utterly gobsmacked to see and hear Nat King Cole at the Odeon in South London. The Albert Hall would have been more appropriate!

[bargainbob] 11/4/2024 11:42

Afternoon should be interesting how it goes . Suspect uptake , if not retrace to high 40’s on the cards .

[gotnorolex] 11/4/2024 10:31

Beetles.....Dodgy!......Twiggy.....Swinging!

[gotnorolex] 11/4/2024 10:28

Ah for the Swinging Sixties!... With it's catch-phrases like "swinging!" and "dodgy!"
Best years of our lives!

[mr.elbee] 11/4/2024 10:10

I think, scruff, it is a generation thing .. the hippies had no values and were thick... so their children .Boris and all the current generation of movers and shakers have no values

but the ones in their late twenties/early thirties are rebelling against what dad and grandad have been peddling for years..

They are going to take over.......... fact..and the bright ones will be in charge.

Every generation rebels...this time it will be for the good. not the bad which is ,of course, what we have had since the sixties [ with the exception of maggie's rule.]

[chinese investor] 11/4/2024 09:49

7p to 58p !

[hardup1] 11/4/2024 09:07

Dividend Max is only free to access data about historic dividends paid and latest dividend declared. If you want to access their dividend forecasts you have to pay a subscription.

[w5amh] 11/4/2024 08:04

Dividend Max is a good website for dividend info and free

[babyal] 11/4/2024 08:03

Search "Lloyds financial calendar 2024"

[gbh2] 11/4/2024 07:58

Divi paid 21st May

[freddie01] 11/4/2024 07:55

Lloyds shakes up risk management team in bid to speed up transformation

The restructuring will put a number of roles at risk of redundancy, but will create jobs in other areas.


Lloyds Banking Group is shaking up its risk management team in a bid to speed up transformation, as a top executive said some processes are time-consuming and blocking the business’s progress, according to new reports.

The restructuring will put a number of roles under threat of redundancy, but will create jobs in other areas.

Lloyds told staff it is “resetting our approach to risk and controls”, according to an internal memo sent last month from chief risk officer Stephen Shelley, seen by the Financial Times.

Mr Shelley said two-thirds of executives think risk management is a blocker to its strategic transformation, while less than half of its workforce believe “intelligent risk-taking is encouraged”, according to the reports.

According to the Accord union, Mr Shelley also told staff last month that the bank needs to “face into the things that we know, or our people tell us, slows down or hinders our attempts to reach the right outcomes”.

The union, which says it represents about 22,000 staff at Lloyds and TSB, said the bank is making significant changes in its approach to risk management which had led to some jobs placed immediately at risk of redundancy.

Around 175 permanent jobs in the bank’s risk division and related roles are under threat of redundancy as a result of the change.

But it is expected to create about 130 roles which are focused on specialist risk and technical expertise.

A spokeswoman for Lloyds said the bank is making progress on its transformation strategy, which it is more than two years into.

The plan includes making the group more efficient and speeding up the pace of its digitisation.

The bank said: “Making changes means not only creating new roles and upskilling colleagues in some parts of the business but also having to say goodbye to talented colleagues who have been a part of the group’s success in the past.

“Where that is unfortunately the case, we will do everything we can to support them with the changes recently announced.

“In this case, there are around 45 role reductions, after new roles being created are factored in.”

[mr.elbee] 11/4/2024 07:53

that expansion was planned and detailed in the back on a car on a bit of old cardboard by Blair and Brown "50% was the mantra .. a bit like net zero"

amazing it all is to be sure

[spranson] 11/4/2024 07:42

1.8p usually around 24th May

[jam2day] 11/4/2024 07:39

EX DIV todayWhat was the div and when is it payed outOn mobile so difficult to go online to find out

[johnwise] 10/4/2024 22:35

VIDEO

There will be no interest rate cuts this year.

CPI Inflation Report a Disaster: Inflation Re-Accelerates

[diku] 10/4/2024 20:19

If ex divi tomorrow...buyback machine could be in over drive...

[chiefbrody] 10/4/2024 18:43

I will be stunned (pleasantly mind) if the buyback gets us much past 60p. It's not like 90% of the share are locked up in safe hands. That said. Another few years of buybacks and we might get to book value.