LSE:LLOYBanks
Lloyds Banking Group (LSE:LLOY) Could Be 7% Below Fair Value As Accelerate 2030 Draws Focus
Lloyds Banking Group stock reacts to Accelerate 2030 focus at Barclays conference
Lloyds Banking Group (LSE:LLOY) heads into its Barclays Global Financial Services Conference appearance with investors focused on its Accelerate 2030 plan, technology spending and capital return ambitions.
The bank is targeting mid single digit income growth, a cost income ratio below 45%, and around 20% return on tangible equity by 2030, supported by about £13b earmarked for technology, AI and...