Headline Details

Lloyds braced for insurance mis-selling bill rising to 12 bln pounds

Published on: Tue, 03 Feb 2015 16:47:32 UTC
News Agency: Reuters
Description:
LONDON, Feb 3 (Reuters) - Lloyds Banking Group is expected to set aside hundreds of million pounds more to compensate customers mis-sold loan insurance, potentially taking its overall bill for Britain's costliest consumer scandal to 12 billion pounds ($18 billion).

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