35p on way that is a cert no divs for at least 5 years . more W/D by the looks of things

how did daniels get a way with this crime and take millions in pay .
he was and is a liar .
is statement i will return lloys back to a sound footing for holders .
now he is gone and the chairman says he did a great job .
and that muppet is still chairman
god help holders you are going to lose all your money .

I dont like it...down 20p since the year .

i think people should move there savings this new CEO is a clown

now under 47p looking good for 35p

the newCEO statement has good as says DANIELS TOLD LIES .
so why is the FSA not looking to bring him to book

LLOY branch sale:
http://www.cityam.com/news-and-analysis/osborne-snubs-vickers-lloyds-branch-sales

harry yes i have read it.
talking to friends say they will close there accounts if there branch
moves to any one else .if my branch is sold i will close my accounts
I WILL DECIDE WHO AS MY ACCOUNTS NOT EUROPE
my self and my family have loads of different acccounts at lloyds
and my nom account. and my daughters business accounts

RNS Number : 0793I

Lloyds Banking Group PLC

08 June 2011

68/11 8 June 2011

LLOYDS BANKING GROUP ANNOUNCES SALE OF HILL HIRE PLC

Lloyds Banking Group plc announces today that it has sold Hill Hire plc to US based Ryder System Inc for cash consideration of GBP151 million. The book value of the business is GBP167 million. The impact of the sale, which completed earlier today, on the Group's accounts is not material.

Hill Hire is the leading provider of contract hire and rental solutions for trucks and trailers in the UK.

This transaction is part of the Group's ongoing strategy to divest assets which are not core to its business.

- END -

lloys may float the 600 branches as a new bank if bids are to low .

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.Thu 9 Jun 2011 11:03 - UK Markets close in 5 hrs and 26 mins
..Lloyds prepares IPO option if branch auction flops

tweet0Print..Companies:Citigroup IncABBEYLLOYDS BANKING GRPTopics:InternationalDirector DealingsBoard & Management Changes.Related Quotes
Symbol Price Change
C 36.81 0.00

DOY.IR 5.05 0.00

LLOY.L 47.80 -0.88

TSCO.L 406.55 -2.35


Follow these stocks
{"s" : "C,DOY.IR,LLOY.L,TSCO.L","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} 10:28, Thursday 9 June 2011

LONDON (Reuters) - Lloyds Banking Group (LSE: LLOY.L - news) will spin off over 600 branches and list them as a new bank if an auction of the business fails to attract decent bids.

Last month, Lloyds appointed Paul Pester to run the branches earmarked for sale, and said he would head the business if it was separately listed.

"It has always been the objective to have a dual track. We will look for a buyer, and if we need to, the IPO option is there," a spokeswoman for Lloyds said on Thursday.

Lloyds has been told by European regulators to sell 600 branches, which would represent the seventh-biggest bank and could be worth more than 3 billion pounds, analysts have said.

It needs to sell them as the cost of taking a state rescue during the financial crisis, which has left the taxpayer with a 41 percent stake.

Selling the branches is the preferred option, and Virgin Money, part of entrepreneur Richard Branson's group, last week said it planned to bid, and new UK bank venture NBNK is seen as the other front-runner.

Other bidders could include National Australia Bank and food retailer Tesco (LSE: TSCO.L - news) .

"We have identified credible interest ... We will have serious indications of interest by the end of July," Chief Executive Antonio Horta-Osorio told UK lawmakers when quizzed on the sale on Wednesday.

Formal sales documents will be sent out on Friday.

An independent commission assessing competition among Britain's banks wants Lloyds to sell more branches, however, to create a stronger new entrant. It will make formal recommendations in September.

Horta-Osorio said there was "overwhelming evidence" the sale of 600 branches would create a serious competitor, however. It would account for about 5 percent of UK current accounts.

JPMorgan and Citigroup (NYSE: C - news) , who are advising on the sale, have offered to help bidders fill a funding gap of nearly 20 billion pounds.

The branches in the portfolio include Lloyds TSB in Scotland, the Cheltenham & Gloucester business, and over 250 more Lloyds branches in England and Wales.

Pester joined Lloyds from Santander , where he managed the integration of Bradford & Bingley (Xetra: 602362 - news) with Abbey (Irish: DOY.IR - news) and Alliance & Leicester and the rebranding of the enlarged business. He previously led the building of Virgin Money during five years as CEO.

(Reporting by Steve Slater; Editing by Will Waterman)

This must surely be very good news ... and about time too .... bt some at 47.73
would have done more but for govt appearing to believe it can save the world.

700 Lloyds staff to be redeployed

Lloyds Banking Group plans to offer jobs elsewhere to the 700 staff affected by the closure of its call centre at Bridgend in Wales.

The Group said the closure next spring was part of its decision to reduce its number of offices. The staff will be redeployed mainly to the bank's offices in Cardiff, Swansea and Newport.

At 2:04pm: (LON:LLOY) Lloyds-TSB share price was -1.13p at 47.55p


Story provided by StockMarketWire.com

still waiting for my 43p to buy back in and i will get them

the sell off .is it not illegal to give others personal details without the cutomers permission.if my details are passed to other banks then i will sue .
i signed and refused to give permission 40 years ago and i still refuse for any new accounts or any info to contact me or send me .i will decide what and who i deal with

Lloyds may cut 15,000 jobs in costs drive - paper

tweet0Print..Companies:LLOYDS BANKING GRPTopics:Board & Management ChangesInternationalBanks.Related Quotes
Symbol Price Change
LLOY.L 47.00 -0.81


{"s" : "LLOY.L","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} 12:11, Sunday 12 June 2011

LONDON (Reuters) - Lloyds Banking Group (LSE: LLOY.L - news) could cut up to 15,000 jobs as part of a new 1 billion pounds cost-saving plan, according to a report in the Sunday Times newspaper.

The report said whole layers of management would be stripped out of the bank, with hundreds of jobs likely to go at its head office and thousands of posts to be cut across Britain and in its remaining international outposts.

Lloyds, which is about 41 percent-owned by the government, last week said it would axe 300 jobs across its retail, wholesale and wealth units. It has shed 27,000 jobs over the last two years, as it continues an integration programme following its 2008 takeover of troubled lender HBOS.

Lloyds is due to announce the results of a strategic review later this month, which may outline further cost-saving initiatives and possible asset sales.

A Lloyds spokesman told Reuters the report was "entirely speculative" and that the bank would announce the conclusions of its strategic review on June 30.

Lloyds Chief Executive Antonio Horta-Osorio told British politicians last week that the strategy review would be "evolutionary rather than revolutionary."

Lloyds is in the process of selling 632 branches to meet European Union competition rules, but Britain's finance ministry wants advance knowledge of how many bank branches it should sell to boost competition.

(Reporting by Rhys Jones; Editing by Hans Peters)

the very people that do all the work in lloys to lose jobs the directors who destoyed the bank walk away with millions they should be in prison. they are liars and crooks

Beware the defamation laws, Tank

Oriel Note:
The Sunday Times speculates on a further 15,000 job cuts at Lloyds Baking Group as
part of Antonio Horta-Orsorio's strategic review.
Comments that a further 1bn is to be taken off Lloyds Banking Group's existing 11bn cost base.
Cost cutting will focus on delayering the 14 layers of management between branch manager and the CEO
Whilst Lloyds earnings are predominantly UK based it does operate in a number of overseas territories, many (but not all) of which will be exited.
The article suggests some country positions will be retained as a basis for future international growth after the initial domestic restructuring.
Key date: 30 June 2011, Strategy update.
We reiterate our BUY recommendation and 90p price target ahead of the strategy update

t o k . daniels second lie . I WILL RETURN LLOYS TO GIVE SHARE HOLDERS VALUE BY 2012 . HE HAS NOW LEFT .