Monthly Archive:: February 2016

Investors give credit to banks for Lloyds’ big deal

Investors bought financial services stocks as Lloyds Banking Group’s purchase of credit card business MBNA boosted confidence in the sector and helped lift the FTSE 100 to a two-month high.

Bank of Ireland moves to reduce credit risk

Bank of Ireland’s core tier one capital has taken a marginal hit as it reassessed the quality of its mortgage book and took out an insurance policy against future losses.