Wealth and Asset Management
Lloyds Bank Sells Part of Stake in Wealth Manager
Lloyds Banking Group PLC said it will sell a 20% stake in St James's Place PLC, as the lender looks to cash in on the wealth-management group's recent share rally and bolster its capital base. The part-government-owned bank, which currently controls 57% of St James's Place, said it hopes to…
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