UPDATE 1-Brexit accord leaves British finance out in the cold [Reuters]
Lloyds Banking Group Plc American Depositary Shares (LYG)
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lloydsbankinggroup.com/investors
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Source: Reuters
UPDATE 1-Brexit accord leaves British finance out in the cold | Reuters 5 Min Read * Equivalence framework covers a fraction of finance business * Bank shares rocked by threat to Theresa May’s premiership * Industry cautiously presses on with post-Brexit reorganisation (Adds expanded analysis, further comment.) By Sinead Cruise, Huw Jones and Andrew MacAskill LONDON, Nov 15 (Reuters) - Britain’s financial services greeted the news of a draft Brexit agreement with weariness and worry on Thursday, citing multiple hurdles the government must overcome before they can Brexit-proof their industry. Shares in blue-chip banks tumbled after British Brexit Minister Dominic Raab resigned to protest the agreement with the European Union, saying it presented a “very real threat to the integrity” of the UK. Three other ministers followed suit. News of the resignations - which threaten the survival of Theresa May’s government - pushed UK banking shares even further into the red. Shares in Royal Bank
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News
- Lloyds Banking Group plc (NYSE: LYG) is now covered by analysts at Berenberg Bank. They set a "hold" rating and a $2.75 price target on the stock.MarketBeat
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LYG
Sec Filings
- 4/25/24 - Form 6-K
- 4/24/24 - Form 6-K
- 4/24/24 - Form 6-K
- LYG's page on the SEC website