The UKFI Board
Peter Gibbs has a wealth of Financial Services experience in the Asset Management sector. Having begun his career at Brown Shipley, he joined Bankers Trust in 1985 as a Senior Portfolio Manager. In 1989 he joined Mercury Asset Management (MAM) where he rose to become Head of the International Equities Division. Following the acquisition of MAM by Merrill Lynch he was appointed Co-Head of Equity Assets worldwide. In 2003 he became Chief Investment Officer for Merrill Lynch’s Investment Management activities outside the US.
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Peter retired from Merrill Lynch at the end of 2005. He currently serves as a Non-Executive Director of Resolution Limited, Aspect Capital Limited, Intermediate Capital Group Plc and as Director of Bank of America Merrill Lynch (UK) Pension Plan Trustees Ltd.
26th March 2014
UKFI today announces the disposal of approximately 7.78% of Lloyds Banking Group plc
Further to its announcement on 25 March 2014, UKFI announces the successful completion of the disposal of part of HM Treasury’s shareholding in Lloyds Banking Group plc (the “Company”). The disposal was effected by way of a Placing (the “Placing”) of shares (the “Placing Shares”) by way of an accelerated bookbuilding process to institutional investors.
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25th March 2014
UKFI announces its intention to dispose of approximately 7.5% of Lloyds Banking Group plc
UKFI announces its intention to sell a further part of HM Treasury’s shareholding in Lloyds Banking Group plc (the “Company”). The disposal of these shares (the “Placing Shares”) will be by way of a placing to institutional investors (the “Placing”).
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