Monday, April 29, 2013

Investors salivating over high street banks





Investors will have their pick of British banks in the next couple of years with up to five lenders looking to float on the stock market, offering a potentially lucrative, and nostalgic, punt on high street banking.


A failure to attract buyers from the banking sector means that state-backed groups Lloyds and Royal Bank of Scotland are racing to prepare stock market flotations of hundreds of branches they have been told to sell by European regulators.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1225849/investors-salivating-over-high-street-banks

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