Thursday, 19 July 2012

News 19th July



Lloyds to sell 632 branches to Co-Op

Lloyds Bank have set a deal with the Co-Op bank agreeing terms to sell off 632 of its branches and the G&C in a pricing estimate of around £750 Million.

The sale has been brought about by a demand by European regulations following Lloyds purchase of HBOS during the financial crisis.

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