Lloyds Banking Group Top Stories

• Riverside brings Sonia loans to UK housing as Libor transition looms

  

  Riverside Group has signed what it claims to be the first loan in the UK's social housing sector priced over the Sterling Overnight Index Average (Sonia), as signs of innovation continue in the loan market despite the crushing effect of the coronavirus pandemic.

  • 06 Apr 2020

• New Zealand bans dividends and T1 redemptions

  

  The Reserve Bank of New Zealand will prevent its financial institutions from redeeming subordinated bonds during the coronavirus pandemic, putting itself in contrast with other parts of the world, where banks remain free to manage their debt capital as they see fit.

  • 02 Apr 2020

• ‘Significant win’ for UK banks as PRA takes first steps to temper IFRS 9

  

  The Bank of England said on Friday morning that UK banks should not treat coronavirus-impacted exposures as impaired assets under IFRS 9 accounting standards, as it unveiled new guidance around the impact of the pandemic.

  • 20 Mar 2020

• People moves in brief: February 20, 2020

  

  Natixis finds new investment banking boss — UniCredit replaces Steffens with Pabarcius in UK — Lloyds puts Paterson at risk

  • 20 Feb 2020

• Lloyds puts credit sales head Paterson at risk

  

  Lloyds Bank has put credit sales head Bob Paterson at risk, a securitization specialist who had been leading sales on the bank’s risk transfer programmes.

  • 18 Feb 2020