BlackRock Overtakes UK Gov as Top Shareholder in Lloyds
Posted on 01/10/2017
Asset manager giant BlackRock is now the largest shareholder in Lloyds Banking Group, overtaking the U.K. government. The U.K treasury, through UK Financial Investments, maintains a 5.95% ownership share in Lloyds Banking Group. U.K. taxpayers essentially bailed out Lloyds Banking Group picking up a 43% stake from the period of October 2008 to 2009. The […]
