Lloyds Loss Misses Estimates as HBOS Bad Loans Rise (Update1)
Lloyds Loss Misses Estimates as HBOS Bad Loans Rise (Update1)
Lloyds’s pretax loss narrowed to 6.3 billion pounds ($9.6 billion) from 6.7 billion pounds in 2008, the London-based bank said in a statement today. That missed the 6.1 billion-pound median loss estimated by 22 analysts surveyed by Bloomberg. Lloyds fell in London trading.
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Lloyds Full-Year Loss Misses Estimates; Loan Impairments Climb
Lloyds Full-Year Loss Misses Estimates; Loan Impairments Climb
Feb. 26 (Bloomberg) — Lloyds Banking Group Plc , Britain’s biggest mortgage lender, posted a full-year loss that missed analyst estimates and said loan impairments rose in 2009.
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Categories: mortgage merge Tags: climb, Estimates, FullYear, Impairments, Lloyds, Loan, loss, Misses
Lloyds Pays Less on Mortgage Bonds as U.K. Home Market Recovers
Lloyds Pays Less on Mortgage Bonds as U.K. Home Market Recovers
Jan. 27 (Bloomberg) — Lloyds Banking Group Plc is selling $2.4 billion of mortgage-backed bonds at yields less than it offered on debt issued four months ago, tapping investor demand spurred by signs the worst of the U.K. housing slump is over.
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Lloyds Plans First Mortgage Bonds in Europe This Year (Update2)
Lloyds Plans First Mortgage Bonds in Europe This Year (Update2)
Jan. 22 (Bloomberg) — Lloyds Banking Group Plc, the U.K.’s biggest provider of home loans, said it plans to sell mortgage- backed securities in dollars, pounds and euros, in the first deal of its kind in Europe this year.
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