Breakingviews on Twitter
Search League Tables

Saturday, 25 June 2016

Lloyds' credibility takes a hammering

Black Horse down

Last month the UK bank insisted that its purchase of HBOS had not deteriorated in spite of shocking numbers for December. Now it has been forced into a uturn, saying HBOS will make a worsethanexpected pretax loss for 2008 of some £10bn. Investors will be asking for heads.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)