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:
Posts tagged: Lloyds Banking Group
I see my former Daily Telegraph colleague, Katherine Griffiths, has written a rather lengthy article in today's The Times extolling the potential benefits of a combination of Lloyds Banking Group with Prudential M&G.
Below is a link to Katherine's piece:..
I see the front pages of most of today's business sections are carrying the story about how Sir Hector Sants, the former boss of the City regulator, will give evidence in private at the High Court during £600 million Lloyds shareholder lawsuit.
Betaville wonders whether this is connected to last week's observation about how certain parts of claimants' opening arguments have been redacted?.....
Court moles have got back in touch with an intriguing twist on the £600 million shareholder action against Lloyds Banking Group, Sir Victor Blank and Eric Daniels over their disastrous acquisition of HBOS at the height of the financial crisis a decade ago.
If one looks at the claimants' opening arguments readers should see certain parts have been redacted.
Betaville wonders (rather unsubtly out loud) why...?..
Matthew Greenburgh. Remember him? Well, in case you don't, let Betaville remind you. He was a top financial institutions group banker at Merrill Lynch who advised on some the biggest takeover deals of the credit boom, including Royal Bank of Scotland's £67 billion takeover of ABN Amro...
Revealed: Lloyds Banking Group buy-out unit puts Private Equity International publisher on the block - sources
That didn't take long. Just two years after acquiring PEI Media - publisher of one of the journals read by many of the City's bankers, lawyers and buy-out barons - Lloyds Development Capital is weighing a sale of the business...
Hat tip to my old Telegraph colleague Harry Wilson, now City editor at The Times, who today landed a rather good scoop about Eric Daniels, chief executive of Lloyds during the bailout, suing his old employer for hundreds of thousands of pounds of unpaid bonuses.
Below is a link to Harry's story, which was splashed across the front page of the The Times business section:..
Today's business splash in The Times is rather intriguing.
Harry Wilson - City editor at The Times and a former colleague from time at The Daily Telegraph - reveals that Eric Daniels, former chief executive of Lloyds Banking Group, was told about Libor rigging at a BBA meeting in 2008...