| 11.10.2011 - Big real estate loss said to be looming for Lloyds |
| Lloyds Banking Group is about to take a 35% loss on a billion-pound portfolio of commercial property debt. The bank is entering second-round talks with four bidders to sell the portfolio, the FT said. What was initially a set of bids by dozens of parties has been narrowed to four, each of which has initial bids of 650 million pounds..............................................Full Article: Source |