After RBS, comes Lloyds with negative results, in a week with changes in the monetary policy

At the end of this week, Lloyds Banking Group reported a loss of £3.5 bn for the period of 2011. This negative figure, obtained before tax, makes a contrast of the results obtained in 2010, when the bank had a profit of £281m.

The bank, which is 41 percent tax-payer owned, declared also, through Antionio Horta-Osorio, the Chief Executive, that 2012 will be a tougher year than the previous one.....Read More