Bank asks panel firms to pitch for work as it prepares to separate its retail and investment banking arms ahead of UK regulatory changes
January 20, 2016 at 05:20 AM
1 minute read
The original version of this story was published on Legalweek
Lloyds Banking Group has asked all of its core panel firms to pitch for advisory work relating to separating its retail and investment banking operations ahead of the UK’s new ringfencing rules.
Lloyds invited firms to pitch this month with the tender process closing yesterday, Legal Week understands.
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