Magic circle duo Linklaters and Freshfields Bruckhaus Deringer have taken the lead roles as Lloyds Bank prepares to list 25% of its TSB business on the stock market.

Linklaters' London based corporate partner Matthew Bland is leading a team acting for longstanding client Lloyds on the flotation, due to take place next month.

Freshfields is advising the banks acting as underwriters on the