Lloyds puts brakes on F1 venture after £46.3m loss

Lloyds puts brakes on F1 venture after £46.3m loss
Separately, Lloyds said on Monday that it planned to issue new shares to raise £350m to fund “discretionary payments on Tier 1 hybrid capital securities to be made during 2013”. Lloyds will issue almost 713m shares at 49.09p each. The shares closed at …
Read more on Telegraph.co.uk

UBP picks Guggenheim Fund Solutions to power hedge fund platform
The Bank has a Tier 1 capital ratio of 25.7%.At end- December 2012 it had CHF80bn in assets under management. Guggenheim Partners, LLC, headquartered in New York and Chicago, is a privately held global financial services firm with more than $ 170bn …
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RCBC OKs issuance of 0M in Basel 3-compliant Tier-1 notes
(RCBC), the banking arm of the Yuchengco Group of Companies, said on Monday its board of directors has approved the issuance of Basel 3-compliant hybrid Tier-1 capital notes amounting to $ 130 million. In a disclosure to the Philippine Stock Exchange, …
Read more on Business Mirror

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