Lloyds sells final stake in SJP
Lloyds Banking Group has sold its remaining stake in St James’s Place for approximately £680m netting the group a profit of roughly £105m.
Sjp
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st james place climbs ranks
Shares in St James’s Place have become the fifth most popular stock to buy among UK equity fund managers in the past month, compared with a position of 14th over the past year, as the wealth manager goes from strength to strength.
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juggernaut sjp pipped to grow
St James’s Place (SJP) could consistently see 25% earnings per share growth for the next three quarters as it profits from being one of the ‘winners of RDR’, according to Richard Watts, manager of the Old Mutual UK Mid Cap Fund.
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lloyds sale where sjp goes will swip follow
Just one month after Lloyds Banking Group announced plans to sell a third of its St James’s Place stake the company is considering selling off Scottish Widows Investment Partnership (SWIP), according to reports.
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Lloyds to sell 20percent stake in SJP
The rumoured sale of Lloyds' stake in St James's Place has concluded in the bank planning to dispose of only one third of its holdings in the company, and at a discount to the firm's face value.
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bumper Q4 for sjp concludes record year
A bumper final quarter of the year helped St James’s Place to another record year of new business in 2012.
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lloyds plans to sell st jamess place stake
Lloyds Banking Group is considering selling its 60% stake in St James’s Place Wealth Management to meet regulatory demands over capital reserves, according to reports.
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St James’s Place profits up though hit by RDR costs
Profits for St James’s Place’s distribution arm were zero in H! 2011 thanks to the costs of RDR.
