Lloyds shares dip after landmark government stake sale

Stock was down 2% or 1.9p at 75.4p as City institutions digested a £3.2bn sale

George Osborne confirmed today the Government has sold a 6 per cent stake in Lloyds Banking Group for 3.21 billion at a share price of 75p.

£3.2bn Lloyds share sale paves way for second round but government makes only £61m profit

Government has sold a 6% share in Lloyds Banking Group

Privatisation of Lloyds begins as state sells 6% stake

Five years after the government bailouts, taxpayers are set to  recoup more than £3bn

The Business Matrix: Tuesday 17 September 2013

Coutts overtakes RBS for assets

Barclays rated as ‘worst bank’ for honesty and customer service

Barclays is the worst bank for honesty and customer service, according to an ethical scorecard launched to guide those looking to switch their current accounts.

Money Insider: It's easier to switch banks - but which one is best?

With the new Current Account Switch Service set to launch on Monday there is hope that more customers will finally have the confidence to up sticks and move their accounts to a new bank.

Lloyds told to pump extra £240m into TSB

Lloyds Banking Group was last night told to inject £240m into the revived TSB to boost its ability to challenge the Big Four British banks.

James Moore: Will the FCA investigate the Co-op? It must make its position clear

Outlook It is often noted that the Co-op Bank is the first to get into difficulties without having to call on the taxpayer for cash. By contrast to the earlier bailouts of Royal Bank of Scotland, HBOS, Northern Rock, Bradford & Bingley (what a long and sorry testament that list is to the UK banking industry), Co-op Group and the bank's bondholders are footing the bill for the debacle.

TSB to boldly go back to local banking

Why Paul Pester, who heads the newly launched bank, had to convince Star Trek star Sir Patrick Stewart he was genuine

TSB bank returned to the High Street, with its chief executive saying it would never take part in the kind of 'socially useless' investment banking done by City rivals

TSB bank returns to the High Street with a pledge ‘to do what is right for Britain’

Chief executive promises not to take part in 'socially useless' banking done by rivals

The new look TSB

Britain's first major new high street bank for decades as TSB is resurrected

Britain’s first major new high street bank for decades launches tomorrow in the resurrected form of TSB.

Banks such as Lloyds still dismiss valid claims

Complaints soar as banks fail PPI victims

Just when you thought the banks were trying to put the PPI mis-selling scandal behind them, it turns out they're still trying to escape being straight with their customers.

Halifax says house prices are set to climb ‘gradually’

House prices rose for the seventh month running in August and are set to continue increasing “gradually” for the rest of the year, Halifax, the UK’s biggest mortgage lender, said today.

James Moore: A tale of two Co-op accounts raises some stark discrepancies

Outlook So who do you believe? Neville Richardson, the former chief executive of Co-operative Banking Group, who previously ran Britannia Building Society, tagged as the source of its problems following their merger.

Former Co-op Bank chief executive in clash with watchdog

MPs point the finger at Neville Richardson as he denies Britannia merger caused woes

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