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Govt. no longer biggest Lloyds shareholder

The UK government said its has now recovered more than £18 billion of the £20.3 billion that taxpayers injected into the Lloyds Banking Group — owner of the Bank…


Lloyds to buy MBNA for £1.9bn

Lloyds Banking Group — owner of the Bank of Scotland, Scottish Widows and Halifax brands — said it agreed to acquire UK consumer credit card business MBNA from a subsidiary…


Price forced Aberdeen to abandon Pioneer bid

Aberdeen Asset Management pulled out of a bid for UniCredit’s Pioneer Global Asset Management because the 3.5 billion euros price was too high, Aberdeen’s chief executive…


UK Government sells more shares in Lloyds

The UK Government said it has made further sales of its shares in Lloyds Banking Group, reducing its remaining shareholding to less than 9%. Lloyds Banking…



Osborne confirms delay of Lloyds share sale

UK finance minister George Osborne confirmed on Thursday the UK government will delay the sale of its remaining stake in Lloyds Banking Group, owner of Halifax, Bank…


Aberdeen assets fall £40bn in past year

Fund manager Aberdeen Asset Management, which specializes in emerging markets and Asia, said its assets under management fell from roughly £324 billion to £284 billion in the…


Lloyds chairman causes EU stir

The chairman of Lloyds Banking Group — which includes Halifax Bank of Scotland and Scottish Widows — has caused a stir by arguing there was no…