State-rescued Lloyds bank relaunches TSB

State-rescued Lloyds bank relaunches TSB (via AFP)

Britain’s part-nationalised Lloyds Banking Group on Monday relaunched TSB as a standalone lender, under plans to meet EU competition criteria and prepare for LBG’s return to the private sector. LBG rebranded 631 of its British branches, calling them…

Vanguard’s move into PE may change the landscape forever

Private equity has been growing in popularity in recent years as more and more big-name funds and institutional investors dive in. Now even indexing giant Vanguard is out to take a piece of the PE pie. During a panel at the Morningstar Investment Conference this year, Fran Kinniry of Vanguard, John Rekenthaler of Morningstar and Read More