Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Lloyds Banking Group PLC    LLOY   GB0008706128

Delayed Quote. Delayed  - 01/20 05:35:19 pm
65.07 GBp   +0.51%
01/21 LLOYDS BANKING : Frei-day feeling
01/20 LLOYDS BANKING : Scammers claim bank staff are stealing money
01/20 CYBG : Concern over services as branches face axe
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Lloyds Banking Group PLC : Lloyds Plans to Sell £1.2 Billion of Distressed Debt

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/23/2012 | 03:16am CET

Lloyds Banking Group PLC (LLOY.LN) plans to sell 1.2 billion pounds ($1.9 billion) of distressed mortgages tied to European real estate, the Financial Times reported Thursday on its website, without directly citing a source.

Lloyds has approached possible buyers about a portfolio of German commercial property mortgages with a face value of 850 million euros ($1.1 billion) to EUR900 million as part of a sale process referred to internally as Project Chamonix, the report said.

Separately, the bank is believed to be preparing to sell GBP500 million of non-performing U.K. property loans, the report said.

Lloyds declined to comment on either sale, the report said.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LLOYDS BANKING GROUP PLC
01/21 LLOYDS BANKING : Frei-day feeling
01/20 LLOYDS BANKING : Scammers claim bank staff are stealing money
01/20 CYBG : Concern over services as branches face axe
01/20 SNC LAVALIN : New rail academy involving Derby College to showcase career opport..
01/20 LLOYDS BANKING : Creates Senior Cost-Control Role In Reshuffle
01/20 LLOYDS BANKING : BOYS PREP BASKETBALL - Centennial knocks off rival Port St. Luc..
01/20 LLOYDS BANKING : £20,000 boost for credit union
01/20 LLOYDS BANKING : *jpmorgan raises lloyds price target to 75 (70) pence - 'overwe..
01/19 LLOYDS BANKING : Number of people moving home falls for first time since 2011
01/19 State-backed British bank rebuffs government push to boost Iran trade - sourc..
More news
Sector news : Banks - NEC
01/20 MORGAN STANLEY : CEO James Gorman's 2016 pay up 7 percent to $22.5 million
01/20 European shares ease ahead of Trump inauguration
01/20 No 'joke' - SocGen admits fault, pays $50 million in U.S. fraud case
01/20 ORIX : RBS sells $600 million of shipping loans, Orix among buyers - sources
01/20DJHSBC : to Cut 100 Senior Investment-Banking Jobs Globally
More sector news : Banks - NEC
News from SeekingAlpha
06:10a Barclays Is Heavily Undervalued Offering Considerable Long-Term Upside
01/18 Tracking Ken Fisher's Fisher Asset Management Portfolio - Q4 2016 Update
01/09 WALL STREET BREAKFAST : The Great Golden Arches Of China?
01/09 Britain no longer top Lloyds shareholder
2016 WALL STREET BREAKFAST : Dow Makes Fresh Attempt At Milestone
Advertisement
Financials ( GBP)
Sales 2016 17 502 M
EBIT 2016 8 206 M
Net income 2016 2 664 M
Debt 2016 -
Yield 2016 4,46%
P/E ratio 2016 16,31
P/E ratio 2017 11,93
Capi. / Sales 2016 2,65x
Capi. / Sales 2017 2,65x
Capitalization 46 443 M
More Financials
Chart LLOYDS BANKING GROUP PLC
Duration : Period :
Lloyds Banking Group PLC Technical Analysis Chart | LLOY | GB0008706128 | 4-Traders
Full-screen chart
Technical analysis trends LLOYDS BANKING GR...
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 0,66  GBP
Spread / Average Target 1,6%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
António Horta-Osório Group Chief Executive Officer & Executive Director
Norman Roy Blackwell Chairman
Karin Cook Director-Group Operations
George Mark Culmer Chief Financial Officer & Executive Director
Morteza Mahjour Group Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
LLOYDS BANKING GROUP P..4.10%57 441
JPMORGAN CHASE & CO.-3.04%299 393
WELLS FARGO & CO-0.07%276 578
INDUSTRIAL AND COML BA..2.49%229 978
BANK OF AMERICA CORP2.44%227 591
BANK OF CHINA LIMITED2.33%188 504
More Results