Thursday, February 28, 2013

FOXBusiness.com: Lloyds' PPI Mis-Selling Bill Passes GBP6.5 Billion - Sky's Kleinman

FOXBusiness.com
FOX Business Network - The Power to Prosper
Lloyds' PPI Mis-Selling Bill Passes GBP6.5 Billion - Sky's Kleinman
Feb 28th 2013, 16:53

Lloyds Banking Group PLC (LYG) will allocate around 1.3 billion pounds ($1.97 billion)to its Payment Protection Insurance mis-selling fund, taking the compensation bill for the bank up to GBP6.5 billion, Sky News City Editor Mark Kleinman reports Thursday, citing people close to the bank.

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