Lloyds Banking Group H1 profit plunged 50 percent year-over-year
Lloyds Banking Group H1 profit plunged by over 50% to £574 million ($970.8 million) compared to £1.56 billion in H1 2013. The partly-government owned...
TSB shares oversubscribed
With TSB shares oversubscribed tenfold during its debut on Friday, Lloyds Banking Group increased the number of shares on sale for the stock market...
Kroger hiring 20000 more workers
Why is Kroger hiring 20000 more workers? The company says it is adding new stores, after opening 216 new outlets in 2013, and needs...
Kroger Vitacost purchase agreed
A Kroger Vitacost purchase worth $280 million has been agreed by the supermarket giant and the vitamins & health products online seller. According to...
Kroger sales increased 4.6 percent in Q1 2014
Kroger sales increased 4.6 percent in the first quarter of 2014, pushing shares up by 5.1% to $49.66 in early trading today. America’s biggest...
JPMorgan reports Q2 2014 earnings down 8 percent
JPMorgan reports Q2 2014 earnings, which declined by 8% as America’s largest bank (along with most others in the industry) struggles with falling incomes...
JPMorgan boss’ throat cancer curable
JPMorgan boss’ throat cancer is curable, President, CEO and Chairman Jamie Dimon, aged 58, said. He told staff and shareholders that he will continue...
Euro rate rigging, HSBC, JPMorgan and Credit Agricole accused
Crédit Agricole, HSCB and JPMorgan have been accused by the European Commission of euro rate rigging, i.e. colluding to fix Euribor, a key euro...
JPMorgan profits fell steeply in Q1 2014
JPMorgan profits fell steeply in the first quarter of 2014, down from $674 million to $114 million. The largest bank in the US said...
More JP Morgan job cuts
JP Morgan job cuts in its retail banking and mortgage sections will involve 8,000 employees.
America’s largest bank, which had previously announced a 4,000 reduction...