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Sunday, October 26, 2014

Takeover Digest- British Business - Oct 27, (NYSE: LYG)

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The TimesONE IN FIVE EUROPEAN BANKS FAILS ECB STRESS TESTS Fourteen of Europe's largest banks have failed "stress tests" designed to assess the ability of big lenders to withstand a financial crisis and have been ordered to raise nearly 10 billion euros ($12.68 billion) to plug a shortfall in their balance sheets. ( UPSTART TSB PINCHES ITS PARENT'S CUSTOMERSTSB Banking Group Plc has grabbed customers from its larger rivals, including its own parent Lloyds Banking Group Plc , attracting one out of every ten savers who switched accounts in the past three months. (

Lloyds Banking Group plc, is a holding company. The Company is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers. Shares of LYG traded higher by 1.44% or $0.07/share to $4.94. In the past year, the shares have traded as low as $4.52 and as high as $5.76. On average, 3369360 shares of LYG exchange hands on a given day and today's volume is recorded at 1815344.