Lloyds Unit Posts Huge Loss
Current World News Comments (0)
LONDON, Feb. 27 — Lloyds Banking Group said Friday that HBOS, the mortgage lender it acquired last month, lost 7.58 billion pounds, more than $11 billion, in 2008, a second blow to the British banking industry following Thursday’s historic losses reported by the Royal Bank of Scotland.
admin @ February 28, 2009