Top Bank Companies To Invest In Right Now

Top Bank Companies To Invest In Right Now: Lloyds Banking Group PLC (LLOY)

Lloyds Banking Group plc is a holding company. The Company is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers. It operates in four segments: Retail, Commercial Banking, Wealth, Asset Finance and International, and Insurance. Retail provides banking, mortgages and other financial services to personal customers in the United Kingdom. Commercial Banking provides banking and related services to business clients Wealth, Asset Finance and International provides private banking and asset management and asset finance. Insurance provides long term savings, protection and investment products and provides general insurance to personal customers. In January 2014, Westpac Banking Corporation completed the acquisition of Lloyds Banking Group Plcs Australian asset finance business, Capital Finance Australia Limited, and its Australian corporate loan portfolio, BOS International (Australi a) Ltd. Advisors' Opinion:

• [By Sofia Horta e Costa]

  Lloyds Banking Group Plc (LLOY) climbed above the price at which the U.K. government has said it will break even on its 39 percent stake in the lender. European carmakers rose to their highest level since November 2007 as vehicle sales in the region increased for the first time in 19 months. FLSmidth & Co. A/S sank 9.7 percent after Europes biggest maker of cement-production lines said it signed fewer large orders.

• [By Inyoung Hwang]

  BP rallied the most since January 2011 after Europes third-largest oil company also increased its dividend. Royal Dutch Shell Plc (RDSA), the regions biggest crude producer, rose 1.5 percent. Lloyds Banking Group Plc (LLOY) lost 2 percent after reporting that its loss widened in the third quarter.

• [By Sofia Horta e Costa]

  European stocks declined from a five-year high as investors sold hold! ings in companies from Lloyds Banking Group Plc (LLOY) to Continental AG.

  Lloyds dropped 3.5 percent after the U.K. government sold a 3.2 billion-pound ($5.1 billion) stake in the lender. Continental and Galp Energia SGPS SA fell at least 2.5 percent as investors sold shares in the companies. Total SA (FP) retreated 1.3 percent following a report that Groupe Bruxelles Lambert SA may dispose of its 4 percent stake in the French oil producer.

• [By Ruth David]

  Governments seeking to cut debt were some of the biggest sellers of equities in the third quarter. Sweden sold a $3.4 billion stake in Nordea Bank, the Nordic regions largest lender, on Sept. 25. The deal came a week after the U.K. sold a 3 billion-pound ($4.8 billion) holding in Lloyds Banking Group Plc (LLOY), its first disposal since bailing out the lender in 2008.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-bank-companies-to-invest-in-right-now.html