Lloyds

The core-satellite conundrum

Investor sentiment warmed towards Japanese equities and gold in January, while attitudes to most other asset classes declined, a Lloyds Private Bank survey has revealed.

The UK government is to sell another tranche of shares in Lloyds Banking Group as it moves to return the bank to private ownership.

Lloyds and Royal Bank of Scotland have fallen short in Bank of England tests to determine their resilience in the event of a new financial crisis, while the Co-operative Bank has been ordered to submit a new capital plan.

Gregor Stewart, a former FD of Lloyds Banking Group's insurance division, has joined Alliance Trust as a non-executive director.

The most recent global economic data suggests a general softening in growth activity - led particularly by Europe.

The insurance sector has come under the spotlight this week after Friday's revelation Aviva was seeking a merger with Friends Life in a deal worth £5.6bn.

Around 8,000 investors have put their name to a lawsuit claiming Lloyds misled shareholders ahead of the bank's acquisition of HBOS six years ago.

The knowledge gap

Lloyds Bank's Charlie Diebel has joined Aviva Investors as head of rates strategy.