Lloyds Banking Group

In the US, the largest stocks began a retreat after weeks of gains with the benchmark Dow Jones down 19.34 points to 9,350.73 in early exchanges.

The FTSE 100 has fallen sharply in opening exchanges following reports Lloyds may tap shareholders for funds to reduce the cost of participating in the Government's toxic asset scheme.

The Dow Jones has tumbled in early trading, down 0.65% on the back of data showing US companies have cut more jobs than economists estimated last month.

Lloyds TSB International has revamped its International Bonus Saver Account.

Shareholders in Halifax Bank of Scotland (HBOS) today agreed to the bank's merger with Lloyds TSB in a move that paves the way for the creation of the UK's first 'superbank'.

An overwhelming majority of Lloyds TSB shareholders today voted in favour of the bank's proposed merger with Halifax Bank of Scotland (HBOS).

Shares in Lloyds TSB and HBOS continued to suffer on Tuesday as questions surrounding a planned merger remained unanswered ahead of a shareholder vote.

HBOS has delivered a swift rejection to a plan by two Scottish bankers to save the banking giant as a standalone entity.

Unemployment is set to rise to its highest level for almost a decade as the economy deteriorates, The Daily Telegraph reports today.

UK taxpayers will own as much as 43.5% of the proposed Lloyds TSB and HBOS ‘superbank', under the new revised takeover terms.