LONDON, June 4 (Reuters) - Lloyds Banking Group andCo-operative Group executives will provide evidenceto a panel of lawmakers examining the collapse of a branch salewhich was meant to create a new British challenger bank.
The planned sale of more than 600 of Lloyds' UK bankbranches to the Co-Operative Bank fell through in April andCo-op's capital position has come under intense scrutiny since.
The Treasury Select Committee, which oversees the work ofBritain's finance ministry, is also expected to take evidencefrom the financial regulator over the issue, industry andpolitical sources said.
One of the sources said Lloyds executives will appear beforethe commission before the end of June.
Lloyds (LLOY)