Lloyds TSB shares rise 1%

Lloyds TSB shares rose 1% today as investors took a punt on renewed speculation about a bid for the UK’s fifth largest banking group.

Lloyds TSB shares rise 1%

Lloyds TSB shares rose 1% today as investors took a punt on renewed speculation about a bid for the UK’s fifth largest banking group.

The latest market rumours suggested Bank of America could be a possible suitor, lifting Lloyds by 4p to 526p at mid-morning.

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