Lloyds reports annual loss of USD 4.4 billion

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Source: Bloomberg
Lloyds Banking Group Plc, one of the UK largest lenders, announced its annual loss for 2011 was worse than expected. The total yearly loss amounted to GBP 2.8 billion (USD 4.4 billion) compared to a GBP 320 million loss in 2010, said Lloyds in its statement. Analysts questioned by Bloomberg earlier predicted a loss of GBP 2.41 billion. 
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Fri, 24 Feb 2012 14:02:05 GMT

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