Lloyds’ plan could be derailed ‘stress test’

Lloyds’ plan could be derailed ‘stress test’
 

Plans by Lloyds Banking Group to resume dividend payments could be rejected unless it performs strongly in a test of its financial health, the results of which are due to be published on Tuesday.
Along with fellow state-backed lender Royal Bank of Scotland, Lloyds narrowly passed a “stress test” by European regulators in October and now faces a more stringent examination by the Bank of England.
The central bank is testing how resilient Britain’s biggest eight lenders would be in the face of a slump in house prices and higher interest rates, and some analysts believe Lloyds is vulnerable in... read more

 
10 December 2014 in Business, Views: 27
Source: Scotsman
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