Lloyds in Shape ; Something in the City

Summary


Did I read somewhere that Lloyds TSB is in trouble? It's been hinted at, but in truth the bank is in pretty fine fettle considering everything that's going on. The 70% decrease in profits reported this week is hardly good, but it still managed to raise the dividend and it has won praise for being one of the most conservatively managed banks.

I shouldn't rush to withdraw my savings then? No. There may be better deals if you shop around, but Lloyds is financially secure.

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Lloyds in Shape ; Something in the City

It won't have to do a rights issue to ra...

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