Lloyds Rises On Hopes of a Pounds 10bn Rights Issue

Daily MailOctober 24, 2009

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Summary


LLOYDS Banking Group shares rose 1.43p to 96.23p on hopes it will get the green light for a Pounds 10bn-plus rights issue next week.

However, sources close to the process said it is still far from a done deal and there is no certainty the Treasury will agree to the bank's proposal.

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Extract


Lloyds Rises On Hopes of a Pounds 10bn Rights Issue

Lloyds wants to raise around Pound...

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