Lloyds to sell ship loan book in parcels -sources
Wed Jan 25, 2012 12:02pm EST
* Lloyds failed to sell $10 bln shipping book in one go
* Shipping sector woes seen worsening in 2012* RBS looking to cut "non-core" ship bookBy Steve Slater and Jonathan SaulLONDON, Jan 25 (Reuters) - Lloyds Banking Group
is unlikely to sell its $10 billion portfolio of
shipping loans to a single buyer and aims to parcel up loans for
sale as European banks continue to retreat from the maritime
sector, industry sources say.Lloyds, 41 Read more [...]