Lloyds (LYG -1.8% in London) has received subpoenas from authorities investigating the Libor...

|About: Lloyds Banking Group plc (LYG)|By:, SA News Editor

Lloyds (LYG -1.8% in London) has received subpoenas from authorities investigating the Libor scandal and is a defendant in a number of lawsuits connected to the affair. However, Lloyds hasn't yet set aside provisions to cover any penalties, although Liberum Capital estimates the bank could be liable for as much as £1.5B. (See earnings)