Lloyds Chairman Bischoff Looks to Retire Next Year, Times Says

Lloyds Banking Group Plc (LLOY) Chairman Win Bischoff may retire next year, the London-based Times reported, without citing anyone.

The bank has discussed Bischoff’s possible retirement with investors and U.K. Financial Investments, the body that manages the government’s bank holdings, the newspaper said.

A Lloyds spokesman said Bischoff has no intention of standing down at “this stage,” the Times reported.

To contact the reporter on this story: Sarah Jones in London at sjones35@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net

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