Brooks Macdonald adds £900m as Lloyds acquisition completes

Wealth manager and Chartered Financial Planner Brooks Macdonald has completed the acquisition of Lloyds Bank International’s Channel Islands wealth management and funds business, adding £900m of funds under management and 1,000 private clients.

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Lloyds Bank cuts new CEO salary package by 20%

Lloyds Banking Group has cut the remuneration packages of its new CEO Charlie Nunn and new chairman Robin Budenberg by 20% compared to their predecessors, it revealed today.

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Lloyds to cut 865 wealth, insurance and retail jobs

Lloyds Bank plans to cut 865 jobs as it works to simplify the business, with the cut jobs mainly in its insurance, wealth and retail teams.

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Schroders Planning arm on track to be top 3 by 2023 - Lloyds

The Lloyds Banking Group has said in its half year results that it remains committed to becoming a top three Financial Planning business by the end of 2023, with the transition of assets to the joint venture with Schroders on track.

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