Reuters: HBOS takes $11.9 billion hit as bad debts leap

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HBOS takes $11.9 billion hit as bad debts leap
      

LONDON (Reuters) - British bank HBOS Plc, due to be taken over by Lloyds TSB, said on Friday that its bad debts and other charges so far this year have jumped by two thirds in the last two months alone, to 8 billion pounds ($11.9 billion), as corporate and home loans soured.<div class="feedflare">
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