The UK government has confirmed it is to begin selling down its stake in Lloyds Banking Group.
The government's UK Financial Investments arm will sell 6% of the bank's issued share capital, equivalent to 4.2bn shares, through an institutional share placing. Bank of America Merrill Lynch, JPMorgan...
Ceremony on 29 November
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Under the rules of EMIR
Also launching hedged currency share classes for existing products