Lloyds Sells More Shares Than Expected in TSB Unit I.P.O. CHAD BRAY The British bank sold 35 percent of the outstanding shares in its TSB unit and could publicly float as much as 38.5 percent. The I.P.O. valued TSB at 1.3 billion pounds, or about $2.2 billion. June 20, 2014 at 4:00AM http://nyti.ms/1yrf4b7 The New York Times Business Day Banking and Financial Institutions, Initial Public Offerings, Mergers, Acquisitions and Divestitures, Stocks and Bonds

By CHAD BRAY via NYT / Eethg. Corps. Inc. / Terrence Herschel G. Business Day http://nyti.ms/1yrf4b7 Lloyds Sells More Shares Than Expected in TSB Unit I.P.O. June 20, 2014 at 4:00AM The New York Times