Tag: Temasek

• Friday, July 12th 2013 - 08:08 UTC

  World banks lining up submissions for the nationalized 39% holding in Lloyds

  

  Top banks are putting their submissions to the UK Treasury to run a potential £20bn sale of the nationalised part of Lloyds Bank. Banks have until Monday to make their pitch to handle the sell-off of the government's 39% holding in Lloyds, with the sale of RBS, which is 81% owned by the taxpayer, to come later.