Finance

Lloyds to buy Schroders' stake in UK wealth joint venture

Published by Global Banking and Finance Review

Posted on October 9, 2025

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(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)

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