Lloyds

World markets including the FTSE fell in early trading as weak economic data and Moody's downgrade of 15 banks unnerved investors.

A top official at the Financial Services Authority (FSA) has warned Britain's four largest banks face more questions over their sale of interest rate hedges to small business customers.

Banking stocks across Europe were falling this afternoon, with investors fretting over Spain's ability to fund itself after yields spiked above 7% once again.

Europe's major markets are climbing today ahead of the Greek elections, and following the Bank of England's unveiling of a £100bn stimulus package for the UK economy.

UK bank shares have jumped following last night's announcement of a £100bn stimulus package for the UK economy.

Bankers have told Chancellor George Osborne any move by the government to protect savers in the event of a bank collapse would force them to increase borrowing costs.

The country's major banks are sitting on £40bn of undeclared losses that are stopping them lending to businesses and households, a report has claimed.

Offloading the taxpayer stakes in Royal Bank of Scotland and Lloyds Banking Group could take years, the Treasury select committee was told yesterday.

Nationalised lender Royal Bank of Scotland (RBS) is to repay the final tranche of the £163bn in emergency loans it took from the UK government, and will resume paying dividends on its preference shares.

Lloyds Banking Group has set aside an extra £375m to cater for a new raft of compensation claims related to the mis-selling of payment protection insurance (PPI).