Britain’s Lloyds banks lower profits on rising claims
PHOTO/AFP/File / DANIEL LEAL-OLIVAS British bank Lloyds said Wednesday that first-half net profits slid as it took another hit from mis-sold credit insurance before a key claims deadline, and cautioned over the outlook. Net profits dipped four percent to £2.2 billion ($2.7 billion, 2.4 billion euros) in the first six months of this year compared
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