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Lloyds to buy Schroders' stake in UK wealth joint venture

Published by Global Banking & Finance Review

Posted on October 9, 2025

1 min read

· Last updated: January 21, 2026

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(Reuters) -Lloyds Banking Group said on Thursday it would buy out Schroders' 49.9% stake in the wealth joint venture formed by the two firms in 2019. (Reporting by Prerna Bedi in Bengaluru; Editing by

Lloyds to buy Schroders' stake in UK wealth joint venture

Lloyds and Schroders Wealth Joint Venture Overview

(Reuters) -Lloyds Banking Group said on Thursday it would buy out Schroders' 49.9% stake in the wealth joint venture formed by the two firms in 2019.

(Reporting by Prerna Bedi in Bengaluru; Editing by Mrigank Dhaniwala)

Key Takeaways

  • Lloyds to buy Schroders' 49.9% stake in joint venture.
  • The joint venture was formed in 2019.
  • This move enhances Lloyds' wealth management services.
  • Schroders and Lloyds initially collaborated in UK wealth management.
  • The acquisition reflects strategic growth in finance.

Frequently Asked Questions

What is a joint venture?
A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or business activity, sharing profits, losses, and control.
What is wealth management?
Wealth management is a financial service that combines investment management, financial planning, and other services to help clients manage and grow their wealth effectively.
What is a stake in a company?
A stake in a company refers to an ownership interest, typically represented by shares, that gives the holder a claim on the company's assets and earnings.

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