Wealth and Asset Management
Lloyds and Schroders to end UK wealth joint venture, FT reports
Britain's Lloyds Banking Group, opens new tab will take control of Schroders', opens new tab 49.9% stake in their joint venture after the business struggled with growth targets and high executive turnover, the Financial Times reported on Thursday. Under the plans, Lloyds and Schroders are set to abandon the wealth…
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Click here to read the full story: Reuters