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Stock Market & Financial Investment News

News Breaks
November 29, 2013
05:59 EDTLYGLloyds expected to name Blackwell as new chairman, Bloomberg reports
Lloyds Banking Group is close to appointing Norman Blackwell as chairman, taking over from Win Bischoff, sources say, reports Bloomberg. Blackwell joined the bank’s board last year, and is currently chairman of Lloyds’s Scottish Widows insurance division.Reference Link
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April 16, 2014
07:25 EDTLYGHitachi gathers $4.5B to finance Scotland-London express trains, Bloomberg says
Hitachi (HTHIY) has gathered $4.5B from an array of international institutions to fund its contract to construct 65 high-speed express trains to use on Britain’s East Coast rail line between Scotland and London, according to Bloomberg, citing a company spokeswoman. Some of the lenders include the Bank of Tokyo-Mitsubishi, Japan Bank for International Cooperation, HSBC (HSBC), Lloyds Banking (LYG) and the European Investment Bank. Reference Link

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