DealBook – Lloyds Bank To Take £1.9 Billion In Added Charges – 3 February 2014

DealBook

By CHAD BRAY

LONDON – The Lloyds Banking Group said on Monday that it would set aside 1.9 billion pounds, or $3.1 billion, to cover potential claims related to the improper selling of insurance and other products, the latest European bank to increase its reserves for past sins.

www.dealbook.nytimes.com/ link to original article

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