×
0 0 0 0 0 0 0 0
Stockreport

Lloyds Banking Group to merge 13 billion stg wealth arm with Schroders - Sky News [Reuters (UK)]

Lloyds Banking Group Plc ADS (LYG)  More Company Research Source: Reuters
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
PDF Lloyds Banking Group to merge £13 billion wealth arm with Schroders: Sky News | Reuters 1 Min Read (Reuters) - Britain’s Lloyds Banking Group ( LLOY.L ) is to merge its 13 billion pounds ($17.06 billion) wealth management arm into a new joint venture with asset manager Schroders Plc( SDR.L ) , Sky news reported on Sunday. The deal will see Lloyds owning 50.1 percent? of the new joint venture with Schroders owning the rest, Sky said, citing sources. Sky News said the new joint venture will be part of a three-pronged tie-up between the companies, with Schroders taking on a 109 billion pounds investment management contract from Lloyds-owned Scottish Widows. The third leg of the Lloyds-Schroders deal involves wealth manager Cazenove Capital, Sky reported. Lloyds Banking Group and Schroders did not immediately respond to requests for comment. Reporting by Gaurika Juneja, Editing by William Maclean All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges [Read more]

IMPACT SNAPSHOT EVENT TIME: LYG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
LYG alerts
from News Quantified
Opt-in for
LYG alerts

from News Quantified
Opt-in for
LYG alerts

from News Quantified