Posts tagged ‘HBOS’

March 17, 2011

A bank to watch – British Lloyds Bank posts record profits

Heavily nationalised Lloyds Banking Group, 41% owned by the state, earlier this year posted £2.2bn in annual profits after being bailed out by the government at the height of the financial crisis in 2009. In 2009, it had made a £6.3bn loss.

A bank to watch? Follow the Telegraph’s report here….

[Finance & Economics Contributor]