Economy

Lloyds Banking Group receives 150m GBP from EIB to support UK companies
Lloyds TSB to offer discounted loan rates courtesy of funding from European Investment Bank.
 

Retired homeowners see wealth grow as property values increase
Homeowners aged 65-plus have gained a total of £4.4 billion in the past three months – equivalent to around £962 each
 

RBS, Lloyds Banking Group: What to expect from the state banks in the upcoming reporting season
Financial News Roundup: RBS, Lloyds Banking Group, effective tax rate drops, business confidence falls, Bank of England transparency.
 

Questions asked of Exxon Mobil Corporation strategy and gas price forecasts
On the positive side, it was noted that Exxon Mobil Corp has increased its estimate of reserves discovered in the Hadrian well.
 

Exchange rate markets react to euro crisis resolution, crisis not over yet
Wider issues still remain and a vast amount of work remains if the Euro has any real chance of survival.
 

BP plc TP at 500: Will need to do a lot more to regain a spot amongst its peers
Financial News Roundup: BP plc, Euro finance minister meeting, UK banks need financial incentives, Deutsche Bank, BNP Paribas and Belarus.
 

Deutsche Bank beats forecasts but 500 job cuts announced
Operating environment reportedly more difficult than at any time since the end of 2008.
 

Spanish bond yields rise, but demand increases
Stresses in peripheral Eurozone states grow ahead of key announcement.
 

Lloyds Banking Group, RBS: No new capital required but European peers get ready to write off debts
Financial News Roundup: RBS, Lloyds Banking Group, Merkel, UK gas storage, banker pay, Ryanair plans to double in size.
 

BP plc, BG Group plc: Tomorrow the two oil majors get to shed more light on operations
Financial News Roundup: BG Group plc, BP plc, Greek debt write-down, Italians must do more on debt, corporate news in brief.
 

Royal Bank of Scotland Group ditches plans to launch Brazilian investment banking business
Financial news roundup: RBS, S&P warn of double dip recession, Parvus and G4S, William Hill in Israel.
 

BP plc shareholders await imminent decision on Gulf of Mexico drilling restart
Conditional approval would be a positive for BP shares in the view of RBS.
 
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