Summary
LLOYDS Banking Group continued to count the cost of its HBOS takeover yesterday after losses hit pounds 6.3 billion and it revealed pounds 24 billion in bad debts.
Annual figures from the organisation - 41% owned by the taxpayer - follow yesterday's pounds 3.6 billion losses by fellow part- nationalised group Royal Bank of Scotland.See the full content of this document
Extract
Another Bank Billions in the Red
Lloyds said impairment charges shot up...
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