Summary
THE part-nationalised Lloyds Banking Group has made its first disposal since the takeover of ailing HBOS after it agreed the pounds 235m sale of asset manager Insight.
The agreed sale to Bank of New York Mellon came amid a wider review which will see the management of funds generated from bank assurance businesses such as Clerical Medical switch from Insight to Scottish Widows.See the full content of this document
Extract
Lloyds Sells Off Asset Manager ; City New Bulletin
The consoli...
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