Lloyds and Standard life Aberdeen Lower Arms After Settlement

Posted on 07/26/2019


Lloyds Banking Group plc has reached a settlement with investment company Standard Life Aberdeen plc (SLA) over a £104 billion management contract. Lloyds attempted to drop SLA last year, but a tribunal ruled that action unjustified. The settlement stipulates that Lloyds must pay £140 million in compensation for the money it plans to remove from […]

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