Lloyds shares rise after Reuters scoop in crucial week

Lloyds shares rose 2 percent on Oct. 21 after Reuters ran an exclusive story saying financial regulators were closer to backing the bank`s plans to escape further government control. The story laid out crucial details of the efforts to stay out of the UK Asset Protection Scheme. Two days later, Reuters exclusively revealed the bank was in joint venture with Legal & General talks on its property portfolio. Shares reached their highest intraday point in October.

Market Impact

Lloyds shares rose 2 percent

Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa
Countries: UK
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