Lloyds (LYG): Q3 pretax profit -21% Q/Q to £644M ($1.03B) vs. forecasts of £754M. Revenue £5.07B...

|About: Lloyds Banking Group plc (LYG)|By:, SA News Editor
Lloyds (LYG): Q3 pretax profit -21% Q/Q to £644M ($1.03B) vs. forecasts of £754M. Revenue £5.07B vs. forecasts of £5.21B. Says it may not meet goals set for 2014 because of the weak economy. Has begun talks with the U.K. Listing Authority over the possible spin-off and listing of 632 retail bank branches it needs to divest. (PR .pdf)