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City of London

Lloyds CEO Says Bank Will Look Into More Fintech Acquisitions

  • British lender recently bought online insurer Cavendish
  • Lloyds wants deals that improve its core business, Nunn says
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WATCH: Lloyds Banking Group Plc raised its guidance for the year as its lending business continued to grow through increasing cost-of-living pressures. CEO Charlie Nunn said that the bank’s strategic focus remains clear and disciplined.Source: Bloomberg

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Lloyds Banking Group Plc could buy more financial technology companies to bolster its digital offering, Chief Executive Officer Charlie Nunn told Bloomberg TV.