Atlantic View – Impairment Shock At Lloyds Banking Group #LLOY Despite Balance Sheet Strength

Impairment Shock At Lloyds Banking Group #LLOY Despite Balance Sheet Strength by John Woolfitt, Atlantic Capital Markets Fundamentals and Statement Summary Eponymous banking giant Lloyds (LLOY) this morning reported half year results to June 30. The bank plunged into the red after recording a £3.8 billion provision for bad loans arising from the coronavirus crisis […]