TSB to be sold on the cheap
Lloyds Banking Group has set the price range of its proposed listing of TSB at 220-290p, a level which implies it will be sold at less than its book value
Lloyds Banking Group has set the price range of its proposed listing of TSB at 220-290p, a level which implies it will be sold at less than its book value
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Lloyds Banking Group says it intends to create an execution-only platform service.
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The £1.2bn Artemis Special Situations Fund, has established positions in Lloyds BG and Man Group.
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