Monday, November 24, 2014   

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:
German business confidence index Ifo rises in November (10 mins ago)
Hang Seng, Shanghai jump on PBoC rate cute (50 mins ago)
European stocks mixed at open (1 hr 6 mins ago)
Hang Seng jumps by lunch (11-24 12:26)
PBOC to inject liquidity if necessary (11-21 19:03)
China cuts interest rates (11-21 18:41)
Indexes track Connect (11-21 17:35)
ECB chief says will ramp up asset purchases 'without delay' (11-21 17:09)
European stocks rise at open (11-21 16:23)
Hang Seng ends higher (11-21 16:22)

More breaking news >>

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