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Stock Market & Financial Investment News

News Breaks
June 8, 2014
14:45 EDTLYGLloyds Banking prices TSB below book value, Reuters says
Lloyds Banking will price the sale of a 25% stake in its TSB business below book value, says Reuters. Lloyd's is obligated to sell its TSB business by the end of 2015 as a condition of having received government aid during the financial crisis, added Reuters. 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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