Tuesday, July 30, 2019

Lloyds Bank Hit by £550 Million PPI Charge, Pretax Profits Fall


By Reuters
NYT Business Day
Britain's biggest mortgage lender Lloyds Banking Group posted weaker-than-expected pretax profits on Wednesday, as a further 550 million pound ($668.9 million) provision to meet claims for mis-sold insurance to consumers weighed on earnings.
Published date: July 31, 2019 at 09:18AM
Reuters
New York Times article

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