Posts tagged: Lloyds Banking Group

REVEALED: Lloyds-backed VC prepares to sell CitySprint for up to £200 million - sources

Saturday, 16 February 2019, 12:34 am

An investment firm owned by Lloyds Banking Group is preparing to sell CitySprint, one of Britain's biggest same-day delivery companies.

People familiar with the matter said Lloyds Development Capital, the private equity arm of Lloyds, had recently appointed advisers from corporate finance firm Raymond James to look at offloading CitySprint...


Betaville Intelligence

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

Monday, 8 October 2018, 6:58 pm

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:


Banks rows - Greenburgh cited - part 3

Tuesday, 24 October 2017, 11:10 am

I see the front pages of most of today's business sections are carrying the story about how Sir Hector Sants, the former boss of the City regulator, will give evidence in private at the High Court during £600 million Lloyds shareholder lawsuit.

Betaville wonders whether this is connected to last week's observation about how certain parts of claimants' opening arguments have been redacted?.....


Banks rows - Greenburgh cited - part 2

Friday, 20 October 2017, 7:25 pm

Court moles have got back in touch with an intriguing twist on the £600 million shareholder action against Lloyds Banking Group, Sir Victor Blank and Eric Daniels over their disastrous acquisition of HBOS at the height of the financial crisis a decade ago.

If one looks at the claimants' opening arguments readers should see certain parts have been redacted.

Betaville wonders (rather unsubtly out loud) why...?..


Wonder Wilson and bank rows...

Tuesday, 22 August 2017, 7:34 pm

Hat tip to my old Telegraph colleague Harry Wilson, now City editor at The Times, who today landed a rather good scoop about Eric Daniels, chief executive of Lloyds during the bailout, suing his old employer for hundreds of thousands of pounds of unpaid bonuses.

Below is a link to Harry's story, which was splashed across the front page of the The Times business section:..