Article: Lloyds group and RBS are ordered to shed assets to boost competition.

Article: Lloyds Group says impairments rise significantly
AP Worldstream;  May 7, 2009 ;     700+ words ... ... who downgraded his recommendation from hold to sell. Lloyds Group shares were down 1.2 percent at 111.8 pence on the London ... 2009. Our intended participation in the government Asset Protection Scheme, which we announced in March, will substantially reduce ...

Article: Lloyds Group loan impairments rise sharply
AP Worldstream;  May 7, 2009 ;     700+ words ... ... participation in the government Asset Protection Scheme, which we announced in March, will ... renegotiating the terms of the Asset Protection Scheme. Though Lloyds management insists ... also worried about the Asset Protection Scheme. Although we believe that the threat ...

Article: Lloyds group could be forced to surrender its ...
Western Mail (Cardiff, Wales);  September 17, 2009 ;     692 words ... ... with the EC have been complicated by the impending asset protection scheme, which could see the Government take a larger stake ... owned, is seen as having little choice but to rely on the protection scheme and is also in line for potentially tough remedial action ...

Article: Lloyds Group announces deal to offload clients
Gloucestershire Echo, The;  October 27, 2009 ;     447 words ... ... resulting loss of 460 jobs Both moves are believed to be part of its bid to avoid having to use the Government's toxic asset protection scheme, which would see the bank, already 43 per cent state-owned, hand over a further stake to the taxpayer. But it is ...

Article: Lloyds Group can't have its cake and eat it.
Gulf News (United Arab Emirates);  August 12, 2009 ;     700+ words ... ... cut the fee it must pay the UK government for insuring Au260 billion (Dh1.5 trillion) of bad loans under the asset protection scheme. After all, the bank must pay a first loss of Au25 billion on the portfolio and, in effect, an insurance premium of ...

Article: Stick with Lloyds Group on rights issue: Cavendish.
Investment Adviser;  October 26, 2009 ;     700+ words ... ... greater upside to be enjoyed by an "independent banking sector". He said: "The condition of Lloyds exiting the Asset Protection Scheme (APS) is it becoming much more strongly capitalised to act as a safety buffer. "This leaves investors with the prospect ...

Article: BANKS: Mortgage arrears in Lloyds group leap 44%.
Mortgage Strategy;  March 2, 2009 ;     587 words ... ... of #10.8bn. Discussions between Lloyds Banking Group and the Treasury are rumbling on over the government's Asset Protection Scheme, with no agreement yet on whether it will participate. The group issued a statement to the London Stock Exchange saying ...