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Friday, July 5, 2013

Market Chatter-Corporate finance press digest, (NYSE: LYG)

The following corporate finance-related stories were reported by media on Friday:* Union Bancaire Privee (UBP) plans to cut around 300 jobs from the international private banking arm of Lloyds Banking Group Plc which it just bought, three sources familiar with the matter said.

Lloyds Banking Group plc, is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers. Shares of LYG traded higher by 1.31% or $0.05/share to $3.88. In the past year, the shares have traded as low as $1.72 and as high as $3.94. On average, 2305340 shares of LYG exchange hands on a given day and today's volume is recorded at 1283711.



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