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Opinions on continuing to hold Lloyds bank shares?

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  • LHW99
    LHW99 Posts: 5,731 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Suspect the recent news requiring Lloyds to revist the compensation paid to busines victims of Reading HBOS may have acted as a bit of a drag

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 29 July 2021 at 8:57PM
    mark55man said:
    ranciduk said:
    Well they reported very good better than expected figures today 

    so obviously the share price is down today...

    eh?!
    Bank results are notoriously difficult to comprehend as clouded by adjustments for provisions and exceptional items. The dust needs to settle somewhat. 
    Lloyds dust certainly takes a while to settle . 


    As one example. Halifax's PPI exposure dates back to the early 2000's. 
  • LHW99 said:
    Suspect the recent news requiring Lloyds to revist the compensation paid to busines victims of Reading HBOS may have acted as a bit of a drag

    This is the only part of Lloyds that frustrates me, they should be making the right adiquete compensation right from the start

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