Lloyds Banking Share Discussion Threads

[mikemichael2] 16/8/2024 11:15

Tanks are sitting ducks nowadays, drones and targeted missiles soon get rid of them.

[leopold ii] 16/8/2024 10:56

I've seen revolut in wallets that used to carry Amer express

[jordaggy] 16/8/2024 10:52

Good to see you still around Alp 😻

[leopold ii] 16/8/2024 10:50

I think Revolut was the one some SR said a major needs to buy out fast while cheap. Was a great concept

[scruff1] 16/8/2024 10:21

Is there a country that loves a military defeat !!!!! How odd we British are (whats left of us). Maybe the Russians have been in raptures this last week

[thevladslayer] 16/8/2024 10:14

The EU caused brexit Make no mistake

[freddie01] 16/8/2024 09:32

Lloyds loses out to digital banks in customer service poll


Lloyds Banking Group PLC (LSE:LLOY), NatWest Group PLC (LSE:NWG) and Barclays PLC (LSE:BARC) all offer lower customer service than challenger banks such as Monzo, Starling and Chase, new research revealed on Thursday.

As part of the CMA’s compulsory dive into the service quality of the UK’s top lenders, a poll revealed Monzo ranked first for both personal and business current accounts.

Monzo ranked top for its online and mobile services as well as overall service quality for both businesses and individuals.

Starling Bank and Chase also ranked highly, however the latter was not ranked for business offerings, leaving lenders like Tide and Handelsbanken to take the higher spots.

For traditional lenders such as Lloyds, Barclays and NatWest, the rankings were less favourable.

Lloyds ranked 7 out of 17 for overall service quality for both its individual and business customers, although its overdraft offerings were ranked third in both categories.

HSBC Holdings PLC (LSE:HSBA) appeared to be the worst-ranked of the major listed lenders, coming in 13th for individual customer service and last according to those with business accounts.

Kurt Vogt Gwerder at Curinos, the data insight firm, explained that the strong performance by digital banks may have largely been due to its differing approach to customer relations compared to traditional lenders.

“These digital banks are less reliant on switching offers to entice new customers. Instead, they focus on creating and marketing a clear value proposition based on their target audience’s core needs to grow their customer base organically,” he said.

[thevladslayer] 16/8/2024 09:13

Spot on senden

[alphorn] 16/8/2024 09:00

j - beat me to it!

[jordaggy] 16/8/2024 08:52

Fintech firm Revolut has announced it is now valued at $45bn (£35bn) after agreeing a secondary share sale for its staff.

The sale will “provides liquidity for employees”, Revolut says, allowing them to sell their stakes in Revolut to new investors.

Revolut, which finally secured a UK banking licence last month, says the sale price cements its position as the most valuable private technology company in Europe.

For comparison, NatWest bank’s market capitalisation is £29bn, while Barclays is worth £33.5bn.

[excell1] 16/8/2024 06:54

senden11. I couldn't agree more with your post 396417.Spot on!

[daddy warbucks] 15/8/2024 23:40

Thank you for your reply, which highlights some of the positive aspects of the role that our financial institutions play in financing our countries needs.However I feel my suggestion on restrictions to ISA's, would not impact on the larger financial picture, but would help the economy in a number of different ways.Since the Covid pandemic, the number of traders in the markets has increased. The volatility of shares in my opinion has also increased since that time. Traders taking their 10% gains stifling share prices despite any good news that may have been released. People shorting shares when a company is looking for investment via a rights issue, to name just two things.Many traders possibly earning a good living trading through an isa with no tax to pay. Could this be a factor in why so many people are not Actively looking for work?If it is a full time activity, shouldn't these people be contributing to the nations taxes?Was an Isa designed to be a vehicle for tax free trading? I believe not, which is why I would consider restricting the number of trades that could be made per year.Stocks would not be traded on a whim or a short as much and new and developing companies, I believe would benefit from investment rather than wild speculation.Keep ISA's for investment, but restrict uncontrolled tax free trading. That was my point I was trying to make.

[daddy warbucks] 15/8/2024 23:14

Thank you for your reply which I acknowledge highlights the positive aspects of the

[leopold ii] 15/8/2024 22:58

I see they have set the next assessment back a year to 26/27

Wise to skip next year