HBOS

Appointment of Chief Financial Officer

Retrieved on: 
Wednesday, March 13, 2024
CFO, Acquisition, Bachelor of Science, HBOS, Management accounting, University, Lloyds Banking Group, Bank, MBA, Account, Customer, LTIP, Management, Barclays, Head

In 2023, following the acquisition of Kensington Mortgages by Barclays, Marc was appointed as Managing Director, CFO of Kensington Mortgages.

Key Points: 
  • In 2023, following the acquisition of Kensington Mortgages by Barclays, Marc was appointed as Managing Director, CFO of Kensington Mortgages.
  • Marc has a BSc in Management Studies from the University of Manchester and an MBA from the University of London.
  • Marc Page will be required to accumulate a shareholding equivalent of 200% of salary over five years.
  • Further details will be disclosed in the Directors’ Remuneration Report within the Company’s Annual Report and Accounts as appropriate.

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

Retrieved on: 
Friday, September 22, 2023
Class Action Lawsuit, Professional Services, Legal, JPMorgan Chase, RBC, Royal Bank of Canada, HSBC, Société Générale, Class representative, Bank of Scotland, MUFG, Class, HBOS, Vexatious litigation, Royal Bank of Scotland, Lloyds Banking Group, Deutsche Bank, Credit Suisse, Settlement, Bank of America, Lloyds Bank, Hearing, Court, UBS, Citibank, Bank, Barclays, Pharmaceutical industry, Security (finance), Portigon Financial Services, Norinchukin Bank, Rabobank

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/

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

Retrieved on: 
Friday, July 28, 2023
Class Action Lawsuit, Professional Services, Legal, JPMorgan Chase, Royal Bank of Canada, HSBC, Class representative, MUFG Bank, Class, HBOS, Vexatious litigation, Royal Bank of Scotland, Deutsche Bank, Credit Suisse, Settlement, Bank of America, Hearing, Court, UBS, Citibank, Rabobank, Bank, Barclays, Pharmaceutical industry, Security (finance), Portigon Financial Services, Norinchukin Bank

A Settlement totaling $90 million has been reached with MUFG Bank, Ltd., The Norinchukin Bank, and Société Générale.

Key Points: 
  • A Settlement totaling $90 million has been reached with MUFG Bank, Ltd., The Norinchukin Bank, and Société Générale.
  • Earlier settlements totaling $590 million were reached with Barclays, Citibank, Deutsche Bank, and HSBC, bringing the total settlement amount to $680 million.
  • If you stay in the Settlement Class, you may object to the Settlement by September 29, 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/20230728362182/en/

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
Reputational damage, Loss, Failure, London Stock Exchange, Financial Conduct Authority, Culture, Pension, Reading, Risk management, HBOS, Web browser, CRD, Finance, Commercial bank, 2021 Tour de France, Stage 1 to Stage 11, Climate change, Acquisition, Financial Ombudsman Service, London, Lloyds Bank, Risk, ECL, FCA, Lloyds Banking Group, Depreciation, Growth, PRA, Bank, CRD IV, United Kingdom, PDF, RNS, Calibration, Cryptocurrency, Real estate, Pharmaceutical industry, Tusker, Retail

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:
    Click on, or paste the following link into your web browser, to view the associated PDF document.

2023 Q1 Interim Management Statement

Retrieved on: 
Wednesday, May 3, 2023
MES, London Stock Exchange, Financial Conduct Authority, Reading, HBOS, Web browser, Finance, Amortization, Movement, Commercial bank, Cambrian Stage 3, Retirement, Financial Ombudsman Service, London, ECL, National Savings and Investments, FCA, United Kingdom, Growth, PDF, Environment, RNS, Cryptocurrency, Bank, Investment, Retail

The Group's statutory profit before tax for the first three months of 2023 was £2,068 million, £611 million higher than the same period in 2022.

Key Points: 
  • The Group's statutory profit before tax for the first three months of 2023 was £2,068 million, £611 million higher than the same period in 2022.
  • Other income was £199 million higher at £1,087 million in the three months ended 31 March 2023 compared to £888 million in the same period last year.
  • In the first three months of 2023 the Group recognised remediation costs of £17 million in relation to pre-existing programmes (three months ended 31 March 2022: £33 million).
  • Total assets were £740 million higher at £617,668 million at 31 March 2023 compared to £616,928 million at 31 December 2022.

Sprout Social Announces Fourth Quarter 2022 Financial Results

Retrieved on: 
Tuesday, February 21, 2023
Online, Organization, CFO, Central Time, Hormel Foods, SMB, Orangetheory Fitness, University, Carrier, ARR, The Vitamin Shoppe, GAAP, Average cost, Workplace, HBOS, Parent, Growth, Louisiana State University, Visteon, Ecolab, SPT, University of Michigan, Social media, Standard Insurance Company, University of Kentucky, Video game, Cryptocurrency, Food delivery, Bank, Beauty salon, Razorfish, Square

CHICAGO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2022.

Key Points: 
  • CHICAGO, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2022.
  • We offered free implementation and onboarding for the 175 Social Studio customers that transitioned to Sprout Social during the fourth quarter of 2022, which contributed to a $0.8M to $1.2M shortfall in services revenue relative to our prior plan.
  • Non-GAAP operating income was $0.6 million, compared to a Non-GAAP operating loss of ($2.6) million in the fourth quarter of 2021.
  • Non-GAAP net income was $1.8 million, compared to a Non-GAAP net loss of ($2.7) million in the fourth quarter of 2021.

A GUITAR FOR CHRISTMAS

Retrieved on: 
Thursday, December 1, 2022
HBOS, To Die For, Paraffin wax, Auction, Tunnel

LINCOLNTON, N.C., Dec. 1, 2022 /PRNewswire/ -- Center Stage NC has just finished recording a brand new original Christmas song with John Schneider (star of the new movie "To Die For", HBOs "Have and Have Nots" and "Dukes of Hazzard") and Mike Huckabee (American politician, Baptist minister, political commentator, and bassist) called "A Guitar for Christmas."

Key Points: 
  • As part of this Fundraiser, Guitar Wishes: https://guitarwishes.com/ has donated an amazing Guitar Wishes brand guitar for this fundraiser!
  • The auction will end in time for the guitar to be sent to winner to receive it before Christmas.
  • Center StageNC is excited to announce the release of the hit Christmas song and official music video 'A Guitar for Christmas' featuring John Schneider and Mike Huckabee.
  • On this guitar fundraiser and bidding click here: https://www.centerstagenc.com/aguitarforchristmas
    OFFICIAL ANNOUNCEMENT:Guitar For Christmas Featuring John Schneider and Mike Huckabee: PROMO VIDEO: OFFICIAL ANNOUNCEMENT - Guitar For Christmas Featuring John Schneider and Mike Huckabee

Lloyds Bank plc 2022 Q3 Interim Management Statement

Retrieved on: 
Thursday, October 27, 2022
Financial Conduct Authority, ECL, Growth, Group, Movement, Amortization, Income, RCF, RNS, London, Reading, HBOS, UK, COVID-19, United Kingdom, London Stock Exchange, UK Government G-Cloud, Lloyds Banking Group, Commercial bank, Web browser, Reinsurance, Bank, Online gambling

Net interest income was 9,458 million, an increase of 1,209 million compared to 8,249million in the nine months to 30September 2021.

Key Points: 
  • Net interest income was 9,458 million, an increase of 1,209 million compared to 8,249million in the nine months to 30September 2021.
  • Other income was 162million lower at 2,661 million in the nine months to 30 September 2022 compared to 2,823million in the same period last year.
  • Total operating expenses decreased by 131 million to 6,629 million compared to 6,760million in the first nine months of 2021.
  • Total assets were 24,590 million, or 4 per cent, higher at 627,439 million at 30 September 2022 compared to 602,849million at 31December 2021.

DGAP-News: Bank of Scotland plc: 2022 Half-Year Results

Retrieved on: 
Wednesday, July 27, 2022
Lloyds Banking Group, United Kingdom, London Stock Exchange, Risk, Income, COVID-19, News, HBOS, IFRS, IFRS 9, Financial Conduct Authority, Unemployment, Bank of Scotland, RNS, Reading, ECL, Growth, London, DGAP, Bank, Life insurance, Reinsurance, Lithium, Group

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.
  • Net fee and commission income for the period was 143 million compared to 125 million in the first half of 2021, reflecting improved credit and debit card performance.
  • Asset quality remains strong with sustained low levels of new to arrears, remaining below pre-pandemic levels.
  • The Group's severe scenario has been adjusted to include a higher UK Bank Rate, and higher inflation path, to better reflect the present risks.