Dec. 29 (Bloomberg) –
, 58
percent-owned by the U.K. government, rose the most in almost
four weeks in London trading on speculation the bank will retain
its insurance business and a new chairman will be appointed.
4.5 pence, or 11 percent, to 47.2 pence, valuing
the Edinburgh-based company at 18.6 billion pounds ($27 billion).
Today’s gain follows a decline of 38 percent between Dec. 10 and
Dec. 24.
The bank, led by its new chief executive Continue reading