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Ahead of Rolls-Royce Holdings PLC (LSE:RR.) upcoming full year results, due tomorrow, there's been an upsurge in bullish investors taking leveraged positions in the British engineer.

Ahead of Rolls-Royce Holdings PLC (LSE:RR.) upcoming full year results, due tomorrow, there's been an upsurge in bullish investors taking leveraged positions in the British engineer.

European banks outperformed consensus expectations for the 15th consecutive quarter over the first three months of the year, Jefferies analysts have pointed out. Aggregate pre-tax profits came in 9% above consensus, driven by higher revenues and lower credit costs, analysts said in a note.

European banks outperformed consensus expectations for the 15th consecutive quarter over the first three months of the year, Jefferies analysts have pointed out. Aggregate pre-tax profits came in 9% above consensus, driven by higher revenues and lower credit costs, analysts said in a note.

Lloyds Banking Group PLC (LSE:LLOY) faced disruption at its annual shareholder meeting in Glasgow due to protests against its financial dealings with defence firms allegedly linked to Middle Eastern conflicts. During the meeting, Chairman Robin Budenberg requested the removal of at least two protesters.

Lloyds Banking Group PLC (LSE:LLOY) faced disruption at its annual shareholder meeting in Glasgow due to protests against its financial dealings with defence firms allegedly linked to Middle Eastern conflicts. During the meeting, Chairman Robin Budenberg requested the removal of at least two protesters.

Activists disrupted Lloyds Banking Group's annual shareholder meeting in Glasgow on Thursday, protesting against its alleged provision of financial services to defence firms linked to violence in the Middle East.

Lloyds Banking Group PLC's (LSE:LLOY) insurance subsidiary has revealed three-quarters of customers with defined contribution pensions have taken funds from them before retiring. Scottish Widows, which manages a £17 billion annuity fund, revealed 78% of people had taken cash from their pension pot early, typically withdrawing around £47,000.

Deutsche Bank has initiated coverage of Lloyds Banking Group PLC (LSE:LLOY) with a 'buy' rating and a price target of 61 pence with analysts expecting margins to stabilise in the third quarter. The benefits of what it described as a 'structural hedge' are likely to offset the adverse effects of potential base rate cuts, it added.

Lloyds Banking Group PLC (LSE:LLOY) and other high street lenders have begun debanking hundreds of defence companies as they become more strict on their internal ethics policies, sparking fears that the UK's national security may be at risk.  Santander and Lloyds were named as lenders which closed the accounts of around 300 "public administration and defence" companies throughout last year, reports from the Telegraph revealed on Wednesday.