Lloyds Banking Group eyes profit in 2010

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Lloyds Banking Group eyes profit in 2010

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03-19-2010, 12:58 PM

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Lloyds Banking Group eyes profit in 2010

Banking giant, Lloyds Banking Group, has said it will return to profitability in 2010. Last month the bank, which is 41% owned by the taxpayer, posted a full-year loss of £6.3 billion. It was hit by bad debts following the acquisition of HBOS, which it took over at the height of the financial crisis in autumn 2008. However, [...]

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