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Lloyds returns to profit as bad-loan losses ebb

Authors :
Kowsmann, Patricia
Enrich, David
Source :
Wall Street Journal. Europe. April 28, 2010, A27
Publication Year :
2010

Abstract

Having posted a loss of 6.3 billion pounds sterling in 2009, Lloyds Banking Group PLC - 41%-owned by the UK government - reported a pre-tax profit for its first quarter. The bank did not disclose financial details. Lloyds expects to post a profit for full year 2010.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.225098643