Saturday, February 25, 2012

Lloyds Bank losses soar on insurance provision (AP)

[unable to retrieve full-text content]AP - U.K. high street lender Lloyds Banking Group on Friday posted a 2.8 billion pound ($4.4 billion) loss for 2011 after it set aside 3.2 billion pounds ($5 billion) to compensate customers who had been miss-sold payment protection insurance.

Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20120224/ap_on_bi_ge/eu_britain_earns_lloyds_banking_group

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