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Reuters: Lloyds says UK capital stance swayed asset decision

Started by chris, March 09, 2009, 11:59:13 AM

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chris

Lloyds says UK capital stance swayed asset decision
      
   
      


LONDON (Reuters) - Lloyds Banking Group  said Britain's requirement for banks to hold enough capital to withstand a "severe" downturn was key to its decision to insure 260 billion pounds ($370 billion) of risky assets with the UK government.<div class="feedflare">
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