Lloyds Still In Insurance-Scheme Talks

Lloyds Banking Group has not signed on yet to the U.K. government’s toxic-asset insurance scheme, but says its discussions with Treasury are “well advanced.”

  • 27 Feb 2009
Lloyds Banking Group has not signed on yet to the U.K. government’s toxic-asset insurance scheme, but says its discussions with Treasury are "well advanced." The government currently owns 43% of Lloyds, though that could change depending on its deal to participate in the Asset Protection Scheme. Meanwhile, Lloyds ...

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