Managements at RBS and Lloyds (LYG) aren't expecting the government to begin selling its stakes...

|By:, SA News Editor

Managements at RBS and Lloyds (LYG) aren't expecting the government to begin selling its stakes (82% of RBS, 40% of Lloyds) for at least 2 more years. With an election scheduled for 2015, the government may be uninterested in booking large losses on its holdings. Dividend resumption? Also not likely for at least 2 more years.