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:
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...
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