L&G’s capital buffer shrinks as insurer cuts asset values
Shares in FTSE 100 company fall despite announcing biggest share buyback in its history
Related reading
Will L&G be the City’s next domino to fall?
The FTSE 100 group’s chief executive says ‘this is our moment’ but private capital rivals are circling
Lloyds strives to be ‘UK’s biggest fintech’ by selling more customer data
High street lender wants to reduce technology costs by 35% this year, internal documents show
Lloyd’s insurers enjoy bumper profits for third year running
Chief executive says market welcomes ‘all risks that can be legally insured’
BNP Paribas seeks to reassure investors after share price jitters
Increased capital target and €1.15bn share buyback plan comes after setbacks from US litigation
Lloyds profits soar 33% as higher interest rates boost income
Bank slashes expectations for UK growth but keeps guidance steady
Lloyds stumbles in its wealth management dash for cash
Bank’s joint venture with Schroders was hampered from the start, though neither is giving up on the sector