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  • Lloyds looks to take control of Schroders wealth tie-up

    Banking

    Lloyds Banking Group is looking to ditch its wealth tie-up with Schroders and take control of the six-year old unit. The FTSE 100 titan is poised to buy out Schroders’ 49.9 per cent stake in Schroders Personal Wealth (SPW). The transaction would hand full control over to Lloyds as the bank sets out to expand [...]

    Lloyds and Schroders partnered on the wealth venture in 2019.

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