Betaville Intelligence

RARE ALERT: Prudential said to ... - Part 3

The Kleinmanator of Sky News landed a good tale yesterday about Schroders and Lloyds Banking Group looking at tie up of their wealth management units. And this morning the scoop was confirmed. Below is a link to the confirmation:

https://www.investegate.co.uk/schroders-plc--sdr-/rns/response-to-media-speculation/201810080700052425D/

But Betaville wonders (rather unsubtly) whether this negotiation is in anyway connected to the RARE that was percolating the London market during the summer about Lloyds looking at a tie up with Prudential M&G, which is currently being demerged from the international division?...

Do get in touch via the usual channels ([email protected]) if you have a view...

..

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register
Date: Monday, 8 October 2018, 6:58 pm

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation