Mervyn Davies is planning to purchase part of the shareholdings of the UK government in Lloyds Bank.
Breaking News
Lloyds Banking Group must plug a capital shortfall of GBP8.6 billion after Britain's banking regulator announced new rulings on Thursday.
Fusion Al Partners, a British private equity firm, announced Keith Fenwick as its new chairman to the advisory board.
Britain's Co-operative Group agreed on a plan to plug US$2.4 billion capital hole to avoid a repeat of the taxpayer funded bailouts at the time of the financial crisis.
UK-based private equity house WestBridge Capital appoints Pascal Wittlet as senior investment manager and relocates new offices in London to accommodate growing team.
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