Thursday, September 3, 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:
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Wild swings in European equities (09-02 20:43)
Shell determined to get benefits of Arctic oil, despite opposition (09-02 17:59)
European benchmarks rebound, but China stocks remain in the red (09-02 15:55)
Nikkei closes lower (09-02 14:16)
Region and world feels China chill, IMF chief says (09-02 13:24)
Hang Seng claws back losses, Nikkei reovers (09-02 12:48)

More breaking news >>

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