Lloyds Banking Group
Shares in Lloyds Banking (LSE: LLOY)(NYSE: LYG.US) have had a good run this year. However, they have recently struggled to advance significantly above the level that the UK government recently began selling at.
Lloyds recently reported that at the end of September it had a core tier 1 ratio (a key measure of a bank’s safety) of 9.9%. This was up from 8.1% at the end of 2012. Lloyds’ continued profitability is protecting shareholders from future losses and increasing the chance that it may soon begin paying dividends again.
Unfortunately, Lloyds has little international diversity….