VENTURE CAPITAL POST

London has reached the fastest growth during, leaving the other regions behind. The growth is spotted to be the result of finance, real estate, and service sectors in the region. This positive development has shown more hopes for the country economy recovery that has struggled since its financial crisis years ago.

As the onslaught of the stock market tumult continues to wreak havoc on some of Britain's banks, Lloyds and Royal Bank of Scotland lost almost £3 billion from their value.

A fintech incubator has just been rolled out by pan-European accelerator Startupbootcamp in London. The FinTech bootcamp is backed by big names that include Lloyds, Rabobank and MasterCard, TechCrunch reported.

Lloyds' TSB business had received early approaches from private equity firms, according to a report by City A.M.

James Leigh-Pemberton would take a new position as the new head of UK Financial Investments on Monday according to an internal memo released by Credit Suisse and was seen by Reuters.

A Chinese insurance company agreed to acquire the London’s Lloyds building for US$388 million.

A Chinese Insurance Company bought the Lloyds' building in London for US$388 Million

NY DFS sent a letter to foreign reinsurers asking if they were linked with Iran.

Lloyds planned to sell its stocks amidst talk of investor boycott.

Britain is ready to sell off its 39% stake in Lloyds and is evaluating whether to break up RBS according to Finance Minister George Osborne.

British bank Lloyds said that there had been no political interference on the firm to sell a total of 632 branches to the Co-operative Group.

Banco Sabadell purchases Lloyd's Spanish retail and private banking operations.