Lloyds Banking Group PLC : * Agreement with hmt regarding tsb * Lloyds Banking Group announces agreement with her majesty's treasury regarding tsb * Notes announcement made today by hmt of the effect on competition of thedivestment of tsb bank * Group accepts the oft's principal recommendations * Has now agreed with hmt a number of measures to enable tsb to accelerate itsgrowth strategy * Group will also provide tsb with additional �40 million to enable futurecustomer acquisition, develop its branch network. * Says changes to tsb portfolio will enhance tsb's profitability by over �200
Lloyds Banking Group plc is a holding company. The Company 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 fell by 2.23% or $-0.11/share to $4.82. In the past year, the shares have traded as low as $2.32 and as high as $4.94. On average, 2392090 shares of LYG exchange hands on a given day and today's volume is recorded at 1288788.
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