LLDTF News and Press, Lloyds Banking Group Plc From 09/16/20

The big UK macroeconomic bet What's the shape of this recession going to be then? The V shape that we've had so far? That is, an horrendous slump in GDP of 20% and more followed by clawing back half of that in the subsequent three months? Presumably to be followed by another climb in the mon...

There has been a lot of discussion in recent months about the remarkable rally since the March market lows. But that rally tends to be heavily concentrated in some sectors. Also, it may have happened in the U.S., but other markets have not seen the same recovery. In the U.K. market, the bell...

Portfolio Performance Our long-only “Librarian Capital” portfolio gained 5.1% in USD in July, but a 5.5% appreciation of GBP against USD meant our reported performance was a loss of 0.4%. This represented an outperformance over the MSCI World index, our chosen benchmark, wh...

Lloyds Banking Group ( LYG ) ( LLDTF ) is one of my holdings that I've not written about, but does deserve some attention. The UK bank has been hit by multiple issues over time. One legacy issue is PPI , a more recent one is Brexit, and the latest one is the global pandemic, which caused harm...

Lloyds Banking Group plc (LYG) Q2 2020 Earnings Conference Call July 30, 2020 04:30 AM ET Company Participants António Horta-Osório - Executive Director and Group Chief Executive William Chalmers - Executive Director and Chief Financial Officer Conference Call Particip...

The following slide deck was published by Lloyds Banking Group plc in conjunction with their 2020 Q2 earnings Read more ...

( Pexels ) The global banking sector has been among the hardest hit by COVID-19 and its economic crisis. Banking remains an area of high investor fear after the massive wave of bankruptcies from 2008 to 2012. Due in part to that fear, it has seen extreme losses with most banking stocks falli...

Lloyds Banking Group plc (LYG) Q1 2020 Earnings Conference Call April 30, 2020 4:30 AM ET Company Participants António Horta-Osório – Executive Director and Group Chief Executive William Chalmers – Executive Director and Chief Financial Officer Conference...

I wrote about the Royal Bank of Scotland ( RBS ) last in September 2019. The stock saw a 45% rally after the article was written, but has given back all of those gains and more as the COVID pandemic has taken a toll on equity markets. See below compared to the European Financials ETF ( EUF...

(We previously wrote about Lloyds as " Blue Sky Capital ") Introduction Lloyds' ( LYG ) share price has been volatile since 2019, oscillating with investor sentiment on Brexit and other macro concerns. Shares rose approx. 40% from August to December, but have fallen by 18% thereafter: ...