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Tag Archives: Lloyd’s

Lloyds Banking Group PLC Shares Decline

14-Oct-09

Lloyds Banking Group PLC declined 2.2% yesterday, following speculation that it will have to pay a fee of up to £2B (US$ 3.2B) to exit the UK Government’s trouble asset insurance program. After announcing its intention about six months ago to have £260B in risky assets insured, Lloyds Banking Group hopes to withdraw from the [...]