Lloyds Banking Group scrapes profit after $1.75 bln COVID-19 provision
Lloyds Banking Group
saw its pretax profit all but wiped out in the first quarter,
after becoming the latest lender hobbled by huge provisions
against expected bad loans due to the coronavirus pandemic.
saw its pretax profit all but wiped out in the first quarter,
after becoming the latest lender hobbled by huge provisions
against expected bad loans due to the coronavirus pandemic.
Posted by Reuters
