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...It is a return to Lloyd’s for Brindle, whose career includes founding London-listed Lancashire in 2005....
...Loosening Lloyds’ risk controls “could potentially have catastrophic consequences for the future of the bank”, added Brown....
...Lloyds Banking Group said it had closed the accounts of about 0.6 per cent of its SME customer base in 2023, mainly because of financial crime concerns....
...The move would cement the group as one of the biggest underwriters in the London market. This year, the company will write around £2bn of business within Lloyd’s itself....
...By early afternoon in London, Lloyds shares were trading 0.8 per cent lower, while Santander was down 3.6 per cent....
...the size of its central London estate by almost a fifth....
...Quarterly revenues slipped year on year to £4.2bn, just shy of market expectations of £4.3bn as its balance of mortgages reduced....
...Lloyds said pre-tax profits fell year on year to £1.6bn from £2.3bn, broadly in line with analysts’ expectations. Quarterly revenues dropped to £4.2bn, just below market expectations of £4.3bn....
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...Lloyd’s of London has delivered its best underwriting performance since 2007 and signalled that commercial insurance prices are likely to stay high in the coming years....
...Aviva is to return to the Lloyd’s of London specialist insurance market for the first time in more than two decades after it announced the £242mn acquisition of Probitas....
...The chief executive of the Lloyd’s of London insurance market has said insurers should “just get on with it” and pay out for the Baltimore bridge collapse, rather than waiting for years of wrangling over...
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
...UK bank Lloyds has set aside £450mn to cover the potential costs of regulatory probes into historic motor finance commission arrangements....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...Professor Bruce Lloyd London South Bank UniversityLondon SE1O, UK...
...Lloyds and Santander UK provided accounts to British front companies secretly owned by a sanctions-hit Iranian petrochemicals company based near Buckingham Palace, according to documents seen by the Financial...
...Shares in Lloyds were down 0.5 per cent in early trading and have fallen about 10 per cent since the start of the year, partly because of worries about its ownership of Black Horse....
...Anthony Seldon’s excellent article on political donors (Opinion, March 16) states that Lloyd George’s coalition was brought down by the sale of honours....
...Lloyd’s of London has agreed with its landlord Ping An to stay at its One Lime Street headquarters until at least 2035, in a mark of commitment to in-person trading at the heart of the City’s insurance district...
...Hapag-Lloyd, which operates the world’s fifth-biggest fleet, will leave the THE alliance, of which it is the largest member....
...Drawing on a wide range of sources, Nick Lloyd, professor of modern warfare at King’s College London, shows just how wrong that view is....
...The chief executive of Lloyds Banking Group, the largest UK retail bank, has urged the government to facilitate a “level playing field” with other markets on their financing of the green transition.Speaking...
...Budenberg, also chair of the Crown Estate, has had a highly successful career as an investment banker and became Lloyds chair at the start of 2021....
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