Sentence examples for branches as a condition from inspiring English sources

It was revived as a separate brand after the EU demanded Lloyds Banking Group spin off 631 branches as a condition of its £20bn bailout by taxpayers in 2008.

Lloyds was forced by European regulators to sell the 632 branches as a condition of the government aid it received to prevent its collapse in 2008.

The 11% fall in profits to £1.2bn in the first three months of this year was largely caused by Lloyds being forced to sell off its 631-strong TSB branch network, imposed as a condition of its 2008 taxpayer bailout.

The European Union had ordered RBS to offload the branches by the end of 2013 as a condition of the £45bn of state aid the UK government pumped into the bank to stave off its collapse at the height of the financial crisis.

Lloyds is close to selling off 632 branches, a move enforced by the EU as a condition of taking a state bailout.

The collapse of the branches sale comes just days after RBS successfully floated its Direct Line insurance arm, which was also demanded by Brussels as a condition of the £45bn injection of taxpayer funds.

The ICB also suggested that 41% state-owned Lloyds Banking Group should sell hundreds of additional branches beyond the 600 it agreed with the EU to offload as a condition of UK state aid.

She also faces a lifetime ban on lobbying any executive branch agency, including the F.C.C., on the agreement that Comcast made with the commission as a condition of its approval of the merger with NBC Universal.

She faces a lifetime ban on lobbying any executive branch agency, including the F.C.C., on the agreement that Comcast made with the commission as a condition of its approval of the merger with NBC Universal.

As a condition of that settlement, S.A.E.

The European Union had set a November deadline for Lloyds, in which the British government holds a 39 percent stake, to sell about 630 branches as part of the conditions for receiving government support.