Photograph: Toby Melville/Reuters

The British government has reduced its stake in Lloyds Banking Group to less than 4 per cent as the lender moves a step closer to full private owners(...)

Over time, more and more, mainly US, firms - including Lone Star, Cerberus, CarVal and Davidson Kempner - descended on Ireland’s shores. They’re often dubbed “vulture funds” for feeding off the types of soured assets that most other types of investors would run a mile from. File photograph: Getty Images

Overseas private equity firms and hedge funds began to smell blood in 2010 as the shutters were pulled down on Bank of Scotland (Ireland) and the Stat(...)

Lloyds chairman, Norman Blackwell, has expressed his support for Brexit in a personal capacity. Photograph: Reuters

Lloyds Banking Group said a possible vote in favour of Britain leaving the European Union in a June referendum will likely spark economic uncertainty(...)

Impairments at Lloyds for souring loans fell 21% to £1.52bn as losses from Ireland slowed. Photographer: Chris Ratcliffe/Bloomberg

UK government-backed Lloyds Banking Group said it was ready to return to private ownership after reporting a pretax profit for the first time i(...)