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Breaking News: Britain’s State-Rescued Lloyds Bank Back In Private Hands

British bank Lloyds, bailed-out by the UK government at the height of the financial crisis, has returned to full private ownership, the two bodies said on Wednesday.

“Lloyds Banking Group has… notified the market that the government’s stake in the group has been reduced to zero; as such, the group has returned to full private ownership,” said a statement.

87 responses to “Breaking News: Britain’s State-Rescued Lloyds Bank Back In Private Hands”

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  3. Marty – all true. The changes we need in this industry will not occur overnight – they will take years. What is important is what you have already done: recognize the need for change and put the organization on a path to get there. Also agree, it starts with top management and a commitment / agreement between them and key middle management as well as a timeline and set of action items that need to be committed to – even if the end result is several years out. Incremental change will bring incremental results – but results none-the-less!!Thanks for your comment!!

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  22. Hi Fred. No, I’m not criticizing you. I worked for NJ.com about 13 years ago. I can’t remember the blog’s title but it was under my name. My editor would occasionally have news staff pick fights with me over gun control, politics, etc. I think I recognize some tells that indicate P is part of the dailyrecord.com staff. Their writing skill aren’t as tight as the regular newspaper (more like TV) and they rely on web skill more that their own brain cells.Anyways, that’s what I was referring to.

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