Lloyds Banking Group (LSE:LLOY) has agreed to sell Scottish Widows Europe to Chesnara PLC. The deal marks Lloyds' exit from this closed life insurance business and Chesnara's entry into the Luxembourg ...
LONDON (Reuters) - Lloyds Banking Group is planning to bolster its finances by swapping illiquid assets on its balance sheet for higher-quality bonds held by its Scottish Widows life insurance unit, ...