Britain cuts Lloyds bank stake to below 20%
Britain has cut its stake in state-rescued Lloyds Banking Group to just under 20 percent after offloading another chunk of shares, the government said Tuesday.
May 12, 2015, 23:50 PM ISTBritain's Lloyds Banking Group returns to profit
Lloyds Banking Group has posted its first annual profit since a 2008 bailout by the British government, edging it closer to a return to full private ownership, results showed on Friday.
Feb 27, 2015, 13:21 PM ISTBritain sells 1% stake of Lloyds bank for $769 million
The Treasury announced in a statement that the sale has trimmed the government`s stake from 24.9 percent to just under 24 percent.
Feb 23, 2015, 13:52 PM ISTBritain`s Lloyds Banking Group says to cut 9,000 jobs
Britain`s state-rescued Lloyds Banking Group announced on Tuesday that it plans to cut 9,000 jobs by the end of 2017 to slash costs.
Oct 28, 2014, 13:08 PM IST