Summary
LLOYDS Banking Group, which employs hundreds of staff across the region, has been given room to negotiate before a decision is made on whether it needs to sell off parts of its business. Owner of Barnwood-based C&G, Lloyds, and the Royal Bank of Scotland, have both reportedly been given more time to negotiate over entering the Government's toxic asset scheme.
Both of the taxpayer-backed banks are understood to be facing the forced sell-off of parts of their businesses in order to meet European approval.See the full content of this document
Extract
Unsure Lloyds Gets More Time
Lloyds Banking Group and RBS had initially been working to pres...
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