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Stock Market & Financial Investment News

News Breaks
May 9, 2012
12:09 EDTLYGLloyds may ask European Commission for more time to shed branches, Reuters says
Lloyds (LYG) may ask for more time from the European Commission to shed about 630 branches, as regulatory hurdles have hindered their sale, Reuters reports. An extension of the November 2013 deadline would allow Lloyds more time to prepare an IPO for the branches if it cannot sell them. Reference Link
News For LYG From The Last 14 Days
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February 5, 2016
10:10 EDTLYGU.K. appoints Barclays to run sale of remaining Lloyds stake, Bloomberg says
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January 28, 2016
08:25 EDTLYGOsborne says Lloyds Banking stake to be sold when markets have 'calmed'
On his official Twitter account, Chancellor of the Exchequer George Osborne stated: "We'll build a share owning democracy. So British people can buy Lloyds shares but we'll only sell when turbulent markets have calmed down" Reference Link

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