Banking giant Lloyds has confirmed it has disposed of its stake in housebuilder Crest Nicholson to US investment fund Varde. The sale comes shortly after Lloyds offloaded its private equity business to Coller Capital for £332 million, and its Ecuadorian branch assets for $25 million. The price tag of the Crest Nicholson disposal was not [...]

More: Lloyds offloads Crest Nicholson stake