Lloyds Banking Group

Independent Bank Group, Inc. Reports Third Quarter Financial Results and Declares Quarterly Dividend

Retrieved on:

Monday, October 23, 2023

Net interest income was $109.0 million for third quarter 2023 compared to $147.3 million for third quarter 2022 and $113.6 million for second quarter 2023.

Key Points:

Net interest income was $109.0 million for third quarter 2023 compared to $147.3 million for third quarter 2022 and $113.6 million for second quarter 2023.
The yield on interest-earning assets was 5.31% for third quarter 2023 compared to 4.30% for third quarter 2022 and 5.14% for second quarter 2023.
The net interest margin was 2.60% for third quarter 2023 compared to 3.64% for third quarter 2022 and 2.71% for second quarter 2023.
Total noninterest expense decreased $10.4 million compared to third quarter 2022 and $4.4 million compared to second quarter 2023.

Settlement Administrator Angeion Group Announces Proposed Settlement In U.S. Dollar LIBOR-Based Instrument Class Action

Retrieved on:

Friday, September 22, 2023

Earlier settlements totaling $680 million were reached with Barclays, Citibank, Deutsche Bank, HSBC, MUFG, Norinchukin, and SocGen bringing the total settlement amount to $781 million.

Key Points:

Earlier settlements totaling $680 million were reached with Barclays, Citibank, Deutsche Bank, HSBC, MUFG, Norinchukin, and SocGen bringing the total settlement amount to $781 million.
The remaining Non-Settling Defendants include Bank of America, Credit Suisse, JPMorgan Chase, Royal Bank of Scotland, and UBS.
If you stay in the Settlement Class, you may object to the Settlement by November 17, 2023.
For more information, including the full Notice and Settlement Agreement, visit www.USDollarLiborSettlement.com , email [email protected] , or call 1-888-619-8688
View source version on businesswire.com: https://www.businesswire.com/news/home/20230922307645/en/

Forrester Announces Full Conference Agenda For Technology & Innovation EMEA 2023

Retrieved on:

Monday, September 18, 2023

Forrester (Nasdaq: FORR) today announced the full conference agenda for Technology & Innovation EMEA , held in London and digitally 12–13 October 2023.

Key Points:

Forrester (Nasdaq: FORR) today announced the full conference agenda for Technology & Innovation EMEA , held in London and digitally 12–13 October 2023.
Technology & Innovation EMEA will also honour EMEA recipients of Forrester’s Technology Awards , which recognise organisations that have successfully implemented technology strategies that are outcome-driven and customer-obsessed to accelerate business growth.
Register to attend Forrester’s Technology & Innovation EMEA 2023 conference.
View the full agenda and speakers for Technology & Innovation EMEA 2023.

Former Head of Third-Party Information Security Risk Oversight at Standard Chartered Bank Joins BlueVoyant

Retrieved on:

Tuesday, August 22, 2023

Financial services, Leather, Investment, Risk, NCSC, Lloyds Banking Group, Knowledge, Ecosystem, Supply, Risk management

LONDON, Aug. 22, 2023 /PRNewswire/ -- BlueVoyant, a cyber security company that illuminates, validates, and remediates internal and external risks, announced today that industry specialist Jon Leather has joined the company as the Head of European Supply Chain Defence Advisory, further strengthening the leadership team.

Key Points:

Leather joins BlueVoyant from Standard Chartered Bank, where he served as the Head of Third-Party Information Security Risk Oversight.
Previously, he spent more than a decade at Lloyds Banking Group, where he focused on cyber risk and led information and cyber security supplier assurance programmes.
He possesses unique knowledge around cyber security assurance processes and regulatory compliance in relation to the management of cyber risk across the supply chain.
"Our platform is recognised as industry-leading in supply chain defence," said Joel Molinoff, Global Head, Supply Chain Defense at BlueVoyant.

Field Effect secures $30M, eyes strategic acquisitions

Retrieved on:

Tuesday, August 15, 2023

Growth, Lloyds Banking Group, Princeton University, Scotiabank, National Medal of Technology and Innovation, Computer security, Arms industry

Founded in 2016 by former intelligence experts, Field Effect remains laser-focused on protecting small and mid-sized businesses around the world from increasingly sophisticated cyberattacks.

Key Points:

Founded in 2016 by former intelligence experts, Field Effect remains laser-focused on protecting small and mid-sized businesses around the world from increasingly sophisticated cyberattacks.
Now it's time to show the world great cybersecurity and build the type of brand awareness our solution deserves," said Matt Holland, Founder and CEO of Field Effect.
Field Effect has been on a rapid path to growth since closing its US$34.5 million Series A funding in late 2022, led by Edison Partners (Princeton, New Jersey).
Bootstrapped from inception, Field Effect has focused primarily on product development prior to 2022.

EQS-News: Bank of Scotland plc: 2023 Half-Year Results

Retrieved on:

Wednesday, July 26, 2023

Bank of Scotland, Reading, HBOS, Web browser, 2021 Tour de France, Stage 1 to Stage 11, MBNA, Lloyds Bank, Lloyds Banking Group, ECL, Depreciation, Growth, PDF, Bank, Cryptocurrency

Bank of Scotland plc (the Bank) and its subsidiaries (together, the Group) provide a wide range of banking and financial services.

Key Points:

Bank of Scotland plc (the Bank) and its subsidiaries (together, the Group) provide a wide range of banking and financial services.
Loss after tax was £31 million (half-year to 30 June 2022: profit after tax of £843 million).
Total income for the half-year to 30 June 2023 was £1,751 million, a decrease of 33 per cent on the first half of 2022.
Total equity increased by £234 million from £16,046 million at 31 December 2022 to £16,280 million at 30 June 2023.

Lloyds Bank plc: 2023 Half-Year Results

Retrieved on:

Wednesday, July 26, 2023

Lloyds Bank plc (the Bank) and its subsidiary undertakings (the Group) provide a wide range of banking and financial services through branches and offices in the UK and in certain overseas locations.

Key Points:

Lloyds Bank plc (the Bank) and its subsidiary undertakings (the Group) provide a wide range of banking and financial services through branches and offices in the UK and in certain overseas locations.
Other income was £68 million higher at £2,031 million in the half-year to 30 June 2023 compared to £1,963 million in the same period in 2022.
Total assets were £2,598 million lower at £614,330 million at 30 June 2023 compared to £616,928 million at 31 December 2022.
Strategic risk - The risk which results from:
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Independent Bank Group, Inc. Reports Second Quarter Financial Results and Declares Quarterly Dividend

Retrieved on:

Monday, July 24, 2023

Net interest income was $113.6 million for second quarter 2023 compared to $138.0 million for second quarter 2022 and $127.9 million for first quarter 2023.

Key Points:

Net interest income was $113.6 million for second quarter 2023 compared to $138.0 million for second quarter 2022 and $127.9 million for first quarter 2023.
The yield on interest-earning assets was 5.14% for second quarter 2023 compared to 3.83% for second quarter 2022 and 4.98% for first quarter 2023.
The net interest margin was 2.71% for second quarter 2023 compared to 3.51% for second quarter 2022 and 3.17% for first quarter 2023.
The net interest margin excluding acquired loan accretion was 2.69% for second quarter 2023 compared to 3.45% second quarter 2022 and 3.14% for first quarter 2023.

The 2023 TD Scholarship for Indigenous Peoples awards first cohort of 25 recipients

Retrieved on:

Monday, July 24, 2023

Omni, First Nations Bank of Canada, Aundeck Omni Kaning First Nation, TD, Lloyds Banking Group, AB, Indigenous peoples, Name, Student, Mount Royal University, Justin Long, Toronto-Dominion Bank, Tutoring, Payment card, Mail, Indigenous

TORONTO, July 24, 2023 /CNW/ - Today TD Bank Group (TD) and AFOA Canada are pleased to announce the 25 recipients of the TD Scholarship for Indigenous Peoples.

Key Points:

TORONTO, July 24, 2023 /CNW/ - Today TD Bank Group (TD) and AFOA Canada are pleased to announce the 25 recipients of the TD Scholarship for Indigenous Peoples.
"The TD Scholarship for Indigenous Peoples provides students from Indigenous communities with financial support to explore the benefits of a post-secondary education as well as summer work experience offers."
"We believe the TD Scholarship for Indigenous Peoples will be transformational in the lives of the students," said Terry Goodtrack, President and CEO of AFOA Canada.
Visit TD or AFOA Canada to learn more about this year's recipients and for complete information about the TD Scholarship for Indigenous Peoples, including eligibility requirements.

Summit Bank Group Reports 2023 2nd Quarter Earnings

Retrieved on:

Wednesday, July 19, 2023

Summit Bank Group (OTC Pink: SBKO):

Key Points:

Summit Bank Group (OTC Pink: SBKO):
Q2 2023 Net Income - $2.48 million or $0.32 per fully diluted share.
Net interest income for the second quarter of 2023 increased by $294 thousand over the first quarter of 2023, an increase of 2.7 percent or 3.8 cents per fully diluted share.
Additionally, the Bank maintains secured borrowing commitments from the Federal Home Loan Bank and the Federal Reserve Bank with total available borrowing capacity as of June 30th 2023 of $177 million.
Summit Bank Group Inc., through its wholly owned subsidiary Summit Bank, maintains offices in Eugene, Central Oregon and Portland and specializes in providing high-level service to professionals and medium-sized businesses and their owners.