New capital costly for Lloyds
China Daily | Updated: 2009-12-23 08:07
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A woman walks past a branch of Lloyds TSB in London. The lender posted a first-half loss of 3.1 billion pounds. Bloomberg News |
LONDON: Lloyds Banking Group Plc, the 43 percent UK government-owned bank, agreed to pay at least $3.6 billion over 15 years to raise $2 billion in Tier 1 capital.
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