Lloyds counts the hidden charges

Unforeseen charges and a cautious tone from chief executive António Horta-Osório were the key takeaways from the lender's first quarter numbers

May 2, 2019

by Alex Newman

Despite re-affirming a 2.90 per cent net interest margin target for the year, first quarter results for Lloyds Banking Group (LLOY) reinforced the dispirited mood among UK-facing lenders.

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