Lloyds Banking Group Links Data Monetisation To Major IT Overhaul [Yahoo! Finance]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
Company Research
Source: Yahoo! Finance
Lloyds Banking Group (LSE:LLOY) is expanding the commercial use of anonymised and aggregated customer data. The bank plans to sell this data to external businesses while overhauling its IT setup. Lloyds is preparing to phase out hundreds of applications, close data centres, and move customer data to the cloud. Lloyds Banking Group, one of the UK's largest retail and commercial banks, is tying its data ambitions to a major IT overhaul. For investors, the combination of cloud migration and application reduction points to an attempt to simplify operations and adjust how the bank handles and monetises information. The decision to sell anonymised and aggregated customer data places Lloyds in a broader trend in which financial institutions look for additional revenue streams from data services. As these plans unfold, the key issues to watch will be execution risk in the IT transformation, the competitive impact of a more modern data stack, and how regulators and customers respond t
Show less
Read more
Impact Snapshot
Event Time:
LYG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LYG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LYG alerts
High impacting Lloyds Banking Group Plc American Depositary Shares news events
Weekly update
A roundup of the hottest topics
LYG
News
- Chasing high-spending visitors: Why business travelers are the new tourism gold [CNBC]CNBC
- UK banking glitch exposed customer transactions. [Verge, The]Verge, The
- Lloyds, Bank of Scotland and Halifax apps showed customers other users' transactions [Yahoo! Finance]Yahoo! Finance
- Lloyds Banking Group (LSE:LLOY) Valuation Check After Recent Share Price Pullback [Yahoo! Finance]Yahoo! Finance
- Board Changes [Yahoo! Finance]Yahoo! Finance
LYG
Sec Filings
- 3/13/26 - Form 6-K
- 3/13/26 - Form 6-K
- 3/13/26 - Form 6-K
- LYG's page on the SEC website