Corporate, Securities & Antitrust News
11/3/2009 11:24:23 AM EST
Britain's Lloyds bank to raise $34 billion
LONDON – (AP) Britain pressed ahead Tuesday with a fresh wave of restructuring in its crisis-ravaged banking system, as Lloyds Banking Group PLC sought at least 21 billion pounds ($34.2 billion) through a record share issue and debt swap.
Royal Bank of Scotland gets a further 25.5 billion pounds from the government all at once, … Full version (available to lexis.com subscribers) Create an account or login to post comments.