Wednesday, 29 May 2013

Lloyds sells international private banking arm to UBP



Lloyds Banking Group is to sell its international private banking arm to Swiss wealth management specialist Union Bancaire Privee (UBP). Under the deal, Lloyds will get £100m ($150m), with £65m paid initially and the balance paid within two years. via Pocket http://www.bbc.co.uk/news/business-22707041#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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