Lloyds Banking Group

IFAonline gives its breakdown of five things your clients may have read in the nationals. This week: Absolute return funds come under the microscope, there's mixed news on the High Street, and one paper tips wine as a possible money-spinner for consumers...

Lloyds Banking Group CEO António Horta-Osório is to return as group chief executive on 9 January 2012 after a period of medical leave.

NBNK Investments, the banking venture run by former Northern Rock chief Gary Hoffman, will call itself the New Generation Bank if its bid to buy more than 600 Lloyds branches proves successful.

The Money Advice Service (MAS) has launched a review into the educational work of the financial services industry to encourage greater understanding of money among young people in the UK.

Ten top members of staff at Lloyds Banking Group have been sent to London's Comedy School to improve their leadership skills.

Lloyds Banking Group's chief executive António Horta-Osório is having to reapply for his own job as doctors prepare to give him the go-ahead to return to work from sick leave.

Lloyds Banking Group has offered to exchange £4.9bn of its outstanding bonds in order to raise new capital.

Lloyds Banking Group confirmed this morning Co-Operative Bank and NBNK Investments are the last two bidders in the running for its 632 branches and retail assets.

Lloyds Banking Group has announced the interim replacement for group chief executive António Horta-Osório.

Lloyds Banking Group has reported a statutory loss of £3.9bn in the first nine months of 2011 after being hit with a £3.2bn provision for payment protection insurance (PPI) claims.