2 November 2010

Lloyds Shares Fall As Income Rises

Lloyds Banking Group PLC (lloy) has announced that underlying income grew in the third quarter, while costs and impairments continued to fall.

The 41% Government owned high street bank is set to return to profitability for the year end, the bank also said it "remains well-positioned" to meet new capital requirements, and continues to reduce its balance sheet and meet funding targets.

Read the article in full at the shareguardian.co.uk

Read more on Lloyds

No comments: