Tuesday, June 2, 2015   

Lloyds bank interim net profits slump
(07-31 14:51)

Britain's state-rescued Lloyds Banking Group said Thursday that net profits slumped 57 percent in the first half, hit by compensation for insurance mis-selling and fines over Libor rate rigging.
Earnings after taxation dived to 665 million pounds in the six months to June 30, compared with 1.560 billion pounds a year earlier when it was boosted by sales of assets and government bonds, LBG said in a statement. The lender is 25-percent owned by the government. --AFP   
Other Business breaking news:
Deflation fears persist in SKorea (1 hr 10 mins ago)
Start-ups key as Taiwan seeks new tech identity (1 hr 12 mins ago)
Hang Seng down at mid-day (1 hr 14 mins ago)
HSBC to sack thousands: report (1 hr 30 mins ago)
Australia current account deficit narrows (1 hr 57 mins ago)
Nikkei up by break (2 hrs 33 mins ago)
Hang Seng down at open (06-02 10:03)
German consumer prices climb (06-01 20:20)
Google reveals details on personal data gathering (06-01 20:19)
Athens forces withdrawal of IMF rep (06-01 20:14)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.