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Tag: Bond Redemption

Activity, Corporate Banking

Lloyds Banking Group Profit Down 44% After Bond Redemption

April 28, 2016

Via: The New York Times

The British lender Lloyds Banking Group said on Thursday that its first-quarter profit declined 44 percent from a year earlier, as the redemption of bonds it issued during the financial crisis and other charges cut into its results. The bank, […]