Lloyds' branch sale to Co-op falls through
The planned sale of 631 UK bank branches by Lloyds Banking Group to the Co-op group has fallen through.
The Co-op blamed the continued economic downturn and tougher regulatory environment imposed on banks.
Lloyds said it will now seek to sell the branches as a stand-alone bank through a stock market listing.
Robert Peston reports.
24 Apr 2013
- From the section Business