CMS has dropped off Lloyds Banking Group’s core panel of advisers after a review which reshaped the roster into two lots.
A total of 25 firms are understood to have been appointed, split between a smaller number of core firms and a group of general firms. It was the bank’s first panel review since 2016, when DLA Piper and Norton Rose Fulbright lost their spots as the core panel shrunk from ten to eight firms.
