Lloyds Bank in sell-down race as European FIG clamours for capital

The UK government could shed its remaining 32% stake in Lloyds Banking Group in just a handful of deals this year, analysts and bankers argued this week. But the offerings, which could start as soon as April, will face competition from a host of eurozone bank sell-offs and capital raisings headed by Spain’s Bankia — though UK retail incentives could boost demand, writes Nina Flitman.