Lloyds Banking Group : Lloyds offloads private equity unit

Posted by Finance Monday, July 5th, 2010

LONDON, July 5 (Reuters) – Bailed-out lender Lloyds Banking Group (LLOY.L) has agreed to sell its private equity business to buyout firm Coller Capital, accelerating its plan to offload peripheral units and refocus on its core lending activities. Lloyds will get 332 million pounds ($513.5 million) in cash for transferring the 40 investments held by [...]

Banker Huibert Boumeester found dead

Posted by U.S. Monday, November 16th, 2009

The alarm was raised after the high-flying banker – who had been chief financial officer at the banking group – missed a business appointment. He had not been seen for a week. Police said two of his shotguns had also disappeared from his homes in London and Scotland. The body of the 49-year-old former chief [...]

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