Lloyds Branches May Sell At Steep Discount

Lloyds Banking Group may close on a deal to sell 630 of its branches to the Co-operative Group at a steep discount as early as next week.

  • 13 Jul 2012
Lloyds Banking Group may close on a deal to sell 630 of its branches to the Co-operative Group at a steep discount as early as next week. Sources said Lloyds could receive £1 billion ($1.55 billion) for the branches but could receive additional payments in the future if ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

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3 Wells Fargo Securities 88,516.28 265 9.47%
4 JPMorgan 69,113.88 208 7.39%
5 Credit Suisse 51,313.00 155 5.49%