UK Government Treads Carefully on Lloyds Sale

Posted on 07/13/2013


In June 2013, Chancellor George Osborne mentioned that Lloyds Bank Group plc was in shape to sell. Lloyds Banking Group has been shedding non-core assets, strengthening their balance sheet and improving capital ratios. Key reductions in impairment charges stemming from legacy assets, while maintaining a powerful franchise in retail and commercial banking in the United […]

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