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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Lloyds Banking Group    LLOY   GB0008706128

LLOYDS BANKING GROUP (LLOY)
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U.K. Banks Launch Joint Notification Service on Customer Deaths

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06/13/2018 | 04:40pm CEST

By Adam Clark

The U.K.'s largest banks have launched a Death Notification Service to make it easier to inform them of a customer's death.

Industry body U.K. Finance said Wednesday that the free online service will allow anyone to notify one or several banks of a customer's death without having to go through the process multiple times. The notifier will then be contacted by the respective banks within 10 calendar days.

The organizations launching the joint service are Lloyds Banking Group, Royal Bank of Scotland Group, HSBC Holdings, Barclays, the U.K. arm of Banco Santander, and Nationwide Building Society.

"Following the death of a friend or family member, it can be hard to repeat the same conversation with several organizations. The launch of this new service is an important milestone in the industry's commitment to do all it can to provide greater help and support to people during difficult circumstances," said Stephen Jones, chief executive of U.K. Finance.

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

Stocks mentioned in the article
ChangeLast1st jan.
BANCO SANTANDER -1.17% 387.96 Delayed Quote.-19.20%
BANCO SANTANDER 0.78% 4.3695 End-of-day quote.-20.25%
BARCLAYS -0.01% 182.2 Delayed Quote.-10.30%
HSBC HOLDINGS -1.00% 696.4 Delayed Quote.-8.35%
LLOYDS BANKING GROUP -0.23% 59.98 Delayed Quote.-11.70%
ROYAL BANK OF SCOTLAND GROUP -0.50% 239.7 Delayed Quote.-13.45%
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Financials (GBP)
Sales 2018 18 615 M
EBIT 2018 8 745 M
Net income 2018 4 232 M
Debt 2018 -
Yield 2018 5,78%
P/E ratio 2018 10,09
P/E ratio 2019 8,66
Capi. / Sales 2018 2,32x
Capi. / Sales 2019 2,31x
Capitalization 43 216 M
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Technical analysis trends LLOYDS BANKING GROUP
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 0,76  GBP
Spread / Average Target 26%
EPS Revisions
Managers
NameTitle
António Mota De Sousa Horta-Osório Group Chief Executive Officer & Executive Director
Norman Roy Blackwell Chairman
Juan Calafat Colombás Chief Operating Officer & Executive Director
Mark George Culmer Chief Financial Officer & Executive Director
Anita Margaret Frew Senior Independent Non-Executive Director
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