Lloyds Seen Reporting the End of Era for Surging Impairments

Lloyds Seen Reporting the End of Era for Surging Impairments

Chris Ratcliffe/Bloomberg

A visitor exits the headquarters of Lloyds Banking Group Plc in London. Lloyds’s return to profitability has been hampered by about 6.8 billion pounds of redress for improperly sold loan insurance and 12.1 billion pounds of losses tied to the real estate collapse in Ireland.