Lloyds forced to put aside further Ł500m for PPI mis-selling

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Lloyds forced to put aside further Ł500m for PPI mis-selling – FT.com

28th October 2015, 13:20:PM

Shares in Lloyds Banking Group fell nearly 5 per cent after the state-backed lender posted a decline in underlying profit and earmarked a further Ł500m for payment protection insurance, as the mis-selling debacle continues to plague the bank.Government-backed Lloyds reported a third-quarter underlying profit, excluding some one-off items, of Ł2bn — undershooting analyst expectations of... Read more »
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Lloyds forced to put aside further Ł500m for PPI mis-selling – FT.com

Lloyds forced to put aside further Ł500m for PPI mis-selling – FT.com

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