Lloyds TSB Profit Falls 63% on Bad Loans, Writedowns (Update1) - Bloomberg

Story date: 2008-07-30 12:00:00
Added on: 2008-07-30 00:31:24

July 30 (Bloomberg) -- Lloyds TSB Group Plc , the biggest bank that depends almost entirely on U.K. lending, said first-half profit fell 63 percent after bad loans and credit writedowns rose. Net income was 576 million pounds ($1.1 billion), or 10.1 ...


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