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Stock Market & Financial Investment News

News Breaks
May 27, 2014
06:46 EDTLYGLloyds Banking announces IPO of TSB Banking, NY Times says
Lloyds Banking announced that it would launch an IPO of its TSB Banking Group unit on the London Stock Exchange in June, according to The New York Times. Lloyds plans to initially float about 25% of TSB's shares next month and sell its remaining stake by the end of next year, the newspaper stated. 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

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