Lloyds Posts 3Q Loss on Loan Insurance Redress

Lloyds Banking Group Plc, Britain’s biggest mortgage lender, set aside an additional 1 billion pounds ($1.6 billion) to compensate clients wrongly sold loan insurance as it posted a narrower third-quarter loss.
Is Virtual Reality the Next Mega-Trend in Tech?
08:56 - Piper Jaffray's Gene Munster and Canaan Partners' Maha Ibrahim discuss the future of virtual reality with Bloomberg Businessweek's Brad Stone on "Bloomberg West." (Source: Bloomberg)
  • Tech, Financials to Be Rediscovered in 2-3 Years: Lee
  • Week in Review: U.S. GDP Shrinks 0.7% in 1Q
  • Humana Soars as Possible Sale Explored