Lloyds returns to profit; eyes orphaned IFA clients
Lloyds Banking Group is back in the black after announcing a profit before tax of £2.1bn for the six months to the end of June - and said it is on course to target IFA clients orphaned by the Retail Distribution Review (RDR).
The profit compares with a loss of £456m for the same period last year. The bank said it had made substantial progress on strengthening its balance sheet, although "further work remains to be done"....
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