Lloyds Blames Pounds 13bn of Bad Debts On Hbos ; World View
Derby Evening Telegraph › August 07, 2009
Linked as:
Summary
LLOYDS Banking Group blamed soaring bad debt charges of Pounds 13.4bn on reckless lending at HBOS, but predicted the worst was over.
The 43% taxpayer-owned bank said HBOS accounted for 80% of the damage from toxic debts in the first half of the year, up from Pounds 2.5bn last year.See the full content of this document
Extract
Lloyds Blames Pounds 13bn of Bad Debts On Hbos ; World View
But Lloyds shares rose around 14% at one point as the firm said it believed charges from lo...
See the full content of this document
Sponsored links
