Lloyds Banking Group

LYG

Market cap $80.4B

Lloyds share price continued its strong bull run on Friday, reaching the important milestone of 100p for the first time since September 2008. It has risen in the last seven consecutive months, the longest streak since 2012, and is up by 90% in the previous 12 months.

British bank Lloyds is reportedly ending its small-business-focused invoice financing program. The factoring program will close by the year's end, the Financial Times (FT) reported Sunday (Dec. 28), citing two sources familiar with the matter.

Lloyds Banking Group , Britain's biggest mortgage lender, will close its invoice factoring service by the end of the year, the Financial Times reported on Sunday, citing two people familiar with the matter.

Some of Britain's biggest savings and insurance groups are expected to take an early look at Aegon's UK business, which has been pushed into a strategic review as the Dutch group prepares to rebrand as Transamerica and shift its centre to the US. Panmure Liberum flags a broad field of potential bidders.

Lloyds share price has remained in a tight range in the past few days as the important resistance level at 100p remained elusive. It was trading at 96p as the post-Autumn Budget rally stalled.

Banking stocks dragged the FTSE 100 higher on Tuesday, with Barclays PLC (LSE:BARC) and Lloyds Banking Group PLC (LSE:LLOY) doing most of the heavy lifting. The index inched up to 9,739.34, helped along by a rare moment of generosity from the Bank of England.

Lloyds Banking Group PLC (LSE:LLOY) shares traded positively on Tuesday with the confirmation it had passed the Bank of England's 2025 Bank Capital Stress Test. In line with the UK banking sector's results being released as part of the central bank's Financial Stability Report, Lloyds noted that no capital actions were required of it following the BoE assessment.

Shares in the big three domestic lenders, Lloyds Banking Group PLC (LSE:LLOY), NatWest Group PLC (LSE:NWG) and Barclays PLC (LSE:BARC), helped lift the FTSE 100 on Tuesday after reports that the sector would escape extra taxes in tomorrow's Budget.  Chancellor Rachel Reeves is preparing to spare banks from the tax raid that had been expected, the Financial Times reported.

Lloyds Banking Group PLC (LSE:LLOY) has been thrown a potential legal curveball by an investor in Curve, the digital wallet developer it has agreed to acquire.  Following the announcement on Wednesday morning by the FTSE 100 lender, which is buying Curve for an undisclosed fee, the largest external investor in the London startup said it will not support the sale, which it said could lead to the deal being blocked.

Lloyds Banking Group PLC (LSE:LLOY) is looking to step up its mobile banking game with the acquisition of Curve, a London-based fintech that provides an all-in-one digital wallet. Curve's platform allows users to integrate various bank, loyalty cards and alternative payment methods into one secure app, while also offering features such as money-saving tools and loyalty rewards.