Lloyds (LYG) is in talks to sell its ops in the UAE, with Abu Dhabi Commercial Bank a leading...

|About: Lloyds Banking Group plc (LYG)|By:, SA News Editor

Lloyds (LYG) is in talks to sell its ops in the UAE, with Abu Dhabi Commercial Bank a leading contender to buy the business, Reuters reports. The unit had total assets of $1.66B in 2010. The speculation comes as Lloyds CEO Antonio Horta-Osorio returns to work after a two-month medical leave of absence.