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Lloyds profit rises despite murky UK outlook and motor loans charge

By Iain Withers and Lawrence White LONDON (Reuters) -Lloyds Banking Group’s full-year profit jumped by 57%, it said on Thursday, despite Britain’s faltering economy and a 450 million pound ($571 million) charge for potential costs from a regulatory review into motor finance. Shares in the lender were up 4.7% by 1400 GMT as investors warmed…
City Of United Kingdom Charlie Nunn Alan Dickinson Lawrence Whiteediting Matt Britzman

Exclusive: Barclays veteran trader Nat Tyce to leave bank: Memo

LONDON (Reuters) -Barclays Head of Macro Trading for EMEA and Asia Pacific, Nat Tyce, is leaving after more than 25 years, a staff memo seen by Reuters shows, after transforming the trading unit into one of the bank's highest-flying divisions. The memo, which was signed by the bank's macro trading boss Michael Lublinsky and was distributed to staff in recent days, said Tyce had been "instrumental" in building and growing the macro franchise. "Nat has been a deeply valu...
City Of United Kingdom Jes Staley Andres Gonzalezadditional Carl Scott Edward Bramson
Source: aol.com

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