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Bad loans slash Lloyds profit

by Ben Livesey

LLOYDS TSB Group Plc, the biggest bank that depends almost entirely on fees from lending in the United Kingdom, yesterday reported first-half profit that fell a more-than-estimated 63 percent because of bad loans and...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200807/20080731/article_368711.htm"> Bad loans slash Lloyds profit </a> by -- LLOYDS TSB Group Plc, the biggest bank that depends almost entirely on fees from lending in the United Kingdom, yesterday reported first-half profit that fell a more-than-estimated 63 percent because of bad loans and... </p>