Lloyds to sell EUR 1.1b of bad loans - report

By A staff reporter 2011-09-20T00:00:00

Lloyds is putting a £1 bn (EUR 1.1 bn) commercial property loan portfolio on the market, according to a news report in the Financial Times. JPMorgan Cazenove has been appointed to run the divestment process, which is said to be the first block sale to be executed by Lloyds. It ...

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