Global Stock News

Last-minute PPI claims wipe out Lloyds bank profits – The Guardian

post featured image

Last-minute PPI claims wipe out Lloyds bank profits – The Guardian

Lloyds Banking Group has put aside a further £1.8bn to cover a late-minute surge in payment protection insurance (PPI) complaints before the August claims deadline, which nearly wiped out its quarterly profit.
Including the PPI charge, the banks profit befor…

Click here to view the original article.

Share this article

Scroll to Top