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Stock Market & Financial Investment News

News Breaks
February 27, 2013
08:22 EDTLYGLloyds pressured to sell branches, Co-op troubles complicate deal, FT says
Lloyds Banking (LYG) remains pressured to sell over 600 of its branches, due to a state imposed deadline and other political factors, but a reported GBP 1B capital hole for prospective buyer the Co-operative Group has complicated the sale, according to Financial Times. Reference Link
News For LYG From The Last 14 Days
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May 26, 2015
07:28 EDTLYGLloyds private equity arm to invest GBP 1.2B in UK businesses, Telegraph says
Lloyds Banking's private equity arm, LDC, will invest GBP 1.2B in "Mittelstand" business in the UK over the next few years, reports the Telegraph, citing Chris Hurley, joint chief executive of LDC. Reference Link
May 15, 2015
10:25 EDTLYGBritain could extend trading plan to sell more Lloyds shares, Reuters reports
According to sources, Britain may extend a trading plan to sell more shares in Lloyds beyond the current June deadline, Reuters reports. The British government's stake now stands at 19.9%, down from 24.9%, through the plan, and the sources say an extension could help the government return Lloyds fully to private ownership within the next year. Reference Link

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