Betaville Intelligence

RARE ALERT: Prudential said to ... - Part 3

Monday, 8 October 2018, 6:58 pm

The Kleinmanator of Sky News landed a good tale yesterday about Schroders and Lloyds Banking Group looking at tie up of their wealth management units. And this morning the scoop was confirmed. Below is a link to the confirmation:

https://www.investegate.co.uk/schroders-plc--sdr-/rns/response-to-media-speculation/201810080700052425D/

But Betaville wonders (rather unsubtly) whether this negotiation is in anyway connected to the RARE that was percolating the London market during the summer about Lloyds looking at a tie up with Prudential M&G, which is currently being demerged from the international division?...

Do get in touch via the usual channels (ben@betaville.co.uk) if you have a view...

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