Embark chair: 'Entrepreneurial spirit' will remain after Lloyds sale

Embark sold for £390m

Jenna Brown
clock • 2 min read
David Barral: "It can only be good for advisers. The attractiveness of Embark is that it has been entrepreneurial, innovative, disruptive, even."
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David Barral: "It can only be good for advisers. The attractiveness of Embark is that it has been entrepreneurial, innovative, disruptive, even."

Embark’s £390m sale to Lloyds Banking Group can “only be good for advisers” as increased investment will enhance its intermediary services, chair David Barrall has said.

Speaking to Professional Adviser after the deal was announced this morning (29 July), Barral said Lloyds was a great home for the platform business and it would continue to innovate. The deal se...

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