Lloyds still battling conduct issues with £1.5bn in charges - News Summed Up

Lloyds still battling conduct issues with £1.5bn in charges


Pre-tax profits at Lloyds rose 4 per cent to £2.5 billion in the first half Carl Court/GettyLloyds Banking Group has revealed it is still mired in conduct problems, taking £1.5 billion in charges in the first half of the year. The charges dented pre-tax profits, which rose 4 per cent to £2.5 billion in the six months. Income growth was stronger than in previous periods, rising 4 per cent to £9.3 billion. The results were the first set by Lloyds as a private company since the financial crisis, after the government sold its remaining shares in May. António Horta Osório, Lloyds’…


Source: The Times July 27, 2017 08:02 UTC



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