Lloyds TSB May Bid for Dresdner

The London financial institution, emerging from recent turmoil stronger than rivals, will consider acquisition opportunities including the German bank

Lloyds TSB, which has emerged comparatively intact from the recent turmoil in the banking sector, is reportedly working on plans to acquire the German Dresdner Bank from its parent, the insurance giant Allianz.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.