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Fox News: Lloyds TSB Profits Drop 75%, HBOS in Big Loss

Started by riky, February 27, 2009, 05:09:27 PM

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riky

Lloyds TSB Profits Drop 75%, HBOS in Big Loss
     


Lloyds Banking Group PLC reported Friday that profits shrank to 819 million pounds in its Lloyds TSB unit in 2008, while the recently acquired Halifax/Bank of Scotland lost 7.5 billion pounds ($10.6 billion) over the year.
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