Summary
VIRGIN Money is being tipped as a possible bidder for the 632 branches put up for sale by Lloyds Banking Group after receiving financial backing from a new group of investors.
The online bank, part of Sir Richard Branson's Virgin empire, has already expressed an interest in buying state-owned Northern Rock, but with funding now in place to back a larger deal, it is also poised to enter a second round bid for the Lloyds branches.See the full content of this document
Extract
Branch Bid On the Cards for Branson
Virgin's backers include the Abu Dhabi I...
See the full content of this document
Sponsored links
