Britain’s state-rescued Lloyds Banking Group has agreed to sell its asset management business Scottish Widows Investment Partnership Group to Aberdeen Asset Management for up to £660 million, it said on Monday. The sale, worth the equivalent of $1.…
Britain’s state-rescued Lloyds Banking Group has agreed to sell its asset management business Scottish Widows Investment Partnership Group to Aberdeen Asset Management for up to £660 million, it said on Monday. The sale, worth the equivalent of $1.…
Financial services behemoth Morgan Stanley (NYSE:MS) reported strong second quarter earnings with profits rising 47%, pushing Morgan Stanley stock higher. The firm generated $15 billion in revenue, an 11% year-over-year...
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