Lloyds
Failed Scottish Widows merger behind Lloyds’ £109bn exit
A failed merger between Lloyds Banking Group’s subsidiary Scottish Widows and Standard Life Aberdeen’s pension and assurance arm was behind the FTSE 100 bank’s decision to terminate its contract with the fund group, it was revealed over the weekend.
Investor confidence doubles over 12 months – Lloyds Private Bank
UK investors shrugged off leaving the EU, German election uncertainty, terrorism, the fall in the pound and a shaky housing market to say they were feeling bullish.
Sentiment to UK worse than after Brexit vote
Investors are less confident about the UK now than they were in the aftermath of the Brexit vote or the UK snap election, according to the latest reading from the Lloyds Private Bank Investor Sentiment Index (LPBIS).
Tide turns against Trump’s US in latest sentiment measure
Investors are moving on from US equities in favour of UK gilts and gold according to the latest Lloyds Bank Investor Sentiment Index.
Lloyds Bank may expand into pensions and wealth management
UK high street bank Lloyds, which owns Scottish Widows, may be about to announce a major push into pension and investment products as part of a three-year growth plan.