Wcm Investment Management Adds $146M in Lloyds Banking Group plc ($LYG)
Key Points
- $LYG last traded around $5.50.
Wcm Investment Management acquired a new position in Lloyds Banking Group plc ($LYG), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,548,234 shares of Lloyds Banking Group plc. Wcm Investment Management's holdings in Lloyds Banking Group plc were worth $146.02 million as of its most recent filing.
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About Lloyds Banking Group plc
Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial products and services for retail and commercial customers in the United Kingdom. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, credit cards, unsecured loans, motor finance, and leasing solutions to personal customers. Its Commercial Banking segment provides lending, transactional banking, working capital management, debt financing, and risk management services to small and medium businesses, corporates, and institutions. The Insurance, Pensions and Investments segment offers insurance, investment, and pension management products and services. It also provides life assurance; and digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows, MBNA, Schroders Personal Wealth, Black Horse, Lex Autolease, Birmingham Midshires, LDC, AMC, Embark Group, Lloyds Living, Cavendish Online, Tusker, and HGP brands. The company was formerly known as Lloyds TSB Group plc and changed its name to Lloyds Banking Group plc in January 2009. Lloyds Banking Group plc was founded in 1695 and is headquartered in London, the United Kingdom.
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