Lloyds Banking Group Plc stock price today and history
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Lloyds Banking Group Plc stock price
Lloyds Banking Group Plc latest news:
Surprise Capital Demand Signals Uncertainty for Banks
Any investor who thought British banks had escaped demands for higher capital just got a shock. Lloyds Banking Group (LYG) has been told by U.K. regulators it must increase its capital ratio by half a percentage point--or about GBP1 billion on its current GBP28 billion target level. The news hit the shares early on Wednesday partly because of worries it could limit the dividend and partly because the bank isn't allowed to reveal why the requirement rose.