Lloyds net advanced 12 percent in 2006
Article Abstract:
Lloyds TSB Group PLC of the United Kingdom posted an increase in net profit by 12 percent for 2006 to 2.8 billion Pounds ($5.5 billion) up from 2.49 billion Pounds last year. Strong financial performance was due to increased cost controls although sales were flat. Bad debt costs are expected to continue in 2007.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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BCP plans capital increase
Article Abstract:
Millennium BCP S.A., Portugal's biggest listed bank, has announced it is making a $1.9 bil increase in its capital. The bank also reported a decline of 28% in 2007 net profit due to costs associated with a management reorganization and a failed takeover, along with losses connected to its offshore operations.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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