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>> LLOYDS TSB Latest News

JUN 30, 2015 - The Independent

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Why banks won't be allowed to forget interest rate swaps

It may have achieved a good price for its remaining stake in TSB, but Lloyds has just been given another headache in the form of one of those pesky “legacy” issues neither Sabadell nor TSB has to worry about. It has come from the sale of interest rate swaps again. Remember them? They were those derivative thingies sold alongside loans ...

Tags: Why banks won't be allowed to forget interest rate swaps,  Lloyds Tsb Latest News

JUN 30, 2015 - Business Insider

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TSB is now officially Spanish

Spain's Banco de Sabadell has effectively completed its takeover of British High Street bank TSB for £1.7 billion ($2.67 billion). The deal was first announced in March but has today cleared its final regulatory hurdle. The Bank of England's Prudential Regulation Authority has rubber stamped the takeover. The offer period is still open, meaning shareholders can agree to the deal ...

Tags: TSB is now officially Spanish,  Lloyds Tsb Latest News