Lloyds Says No To More Branch Sales

Lloyds Banking Group said it would not sell “even one branch more” than the 600 the European Union and U.K. government have demanded as a term of its £20 billion ($32 billion) taxpayer-funded bailout.

  • 19 May 2011
Lloyds Banking Group said it would not sell “even one branch more” than the 600 the European Union and U.K. government have demanded as a term of its £20 billion ($32 billion) taxpayer-funded bailout. Lloyds also said it may reclaim bonuses from executives after the U.K. firm had ...

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 4,347 16 16.63
2 BNP Paribas 2,866 11 10.96
3 Morgan Stanley 2,420 6 9.26
4 Goldman Sachs 2,276 6 8.71
5 Bank of America Merrill Lynch (BAML) 2,086 9 7.98

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1 Citi 58,873.50 192 10.79%
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