Summary
Part-nationalised Lloyds Banking Group yesterday made its first disposal since buying HBOS, as it sold asset manager Insight for Pounds 235 million.
The sale could be the first of many, with experts predicting the break-up of the Lloyds empire as it struggles with the massive debt burden it inherited from HBOS.See the full content of this document
Extract
Lloyds Begins Sell-Off of Debt-Hit Empire
Speculation is already rife that Lloyds' insurance businesses Scottish Widows and Clerical Medical could be amo...
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