New U.K. banking firm NBNK will tomorrow make a sweetened £1.5B bid for 632 branches being sold...

|By:, SA News Editor

New U.K. banking firm NBNK will tomorrow make a sweetened £1.5B bid for 632 branches being sold by Lloyds (LYG), The Daily Telegraph reports. The new offer will come amid worries that the proposed £1.4B sale of the outlets to Co-op has hit regulatory problems. NBNK's investors include Blackrock (BLK), Invesco (IVZ) and Aviva (AV).