Thursday, April 28, 2016

Lloyds Banking Group Profit Down 44 Percent After Bond Redemption by CHAD BRAY


By CHAD BRAY

The British lender took a charge of about $1.2 billion in the first quarter related to the buyback of bonds with a high rate of interest issued during the financial crisis.

Published: April 29, 2016 at 12:00AM

from NYT Business Day http://ift.tt/1qWJPVF



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