Lloyds Group will make an announcement to staff on the future of Insight Investment, by the end of June.
The information follows reports today that Lloyds asset management MD Abdallah Nauphal is locked in talks with the company over a management buyout of Insight's third party business. There was also speculation last week that Clive Cowdery's Resolution is weighing up a bid.
Spokespeople for both Insight and Lloyds declined to comment.
Three years at Wells Fargo
Effective from 9 December 2019
One firm with permission suspensions left
Continuing the Architas education series for clients.
Needs to apply for authorisation