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Schroders and Lloyds confirm wealth management deal talks

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Schroders and Lloyds Banking Group have confirmed they are in talks over a tie-up that will see the British bank inject its wealth-management unit into a joint venture with the blue-chip investment manager. The two FTSE 100 companies have been in discussions for several months as both chief executives, Peter…

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Click here to read the full story: Financial Times

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