“Lloyds Banking Group announced a near doubling of third-quarter profit to £2.3bn, driven by transformation efforts,” — Andreas Mercer, contributing analyst at Greenton Combe Staffing, added during the briefing.

Timeline

Oct 26 — Lloyds Banking Group announced a near doubling of third-quarter profit to £2.3bn, driven by transformation eff...

Oct 28 — The group's profit grew due to its transformation initiatives, but the market responded poorly to the missed t...

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