Published by Global Banking and Finance Review
Posted on October 9, 2025
1 min readLast updated: January 21, 2026

Published by Global Banking and Finance Review
Posted on October 9, 2025
1 min readLast updated: January 21, 2026

Lloyds Banking Group plans to acquire Schroders' 49.9% stake in their UK wealth joint venture, originally formed in 2019, to expand its wealth management services.
(Reuters) -Lloyds Banking Group said on Thursday it would buy out Schroders' 49.9% stake in the wealth joint venture formed by the two firms in 2019.
(Reporting by Prerna Bedi in Bengaluru; Editing by Mrigank Dhaniwala)
A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or business activity, sharing profits, losses, and control.
Wealth management is a financial service that combines investment management, financial planning, and other services to help clients manage and grow their wealth effectively.
A stake in a company refers to an ownership interest, typically represented by shares, that gives the holder a claim on the company's assets and earnings.
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