Lloyds TSB slid back towards a 16-year low on Tuesday as banks missed out on a sixth day of gains.
Traders cited concerns that Lloyds TSB may need to take further writedowns against HBOS’s loan book and investment portfolio.
By Michael Hunter
Published: January 6 2009 08:29 | Last updated: January 6 2009 20:06
Lloyds TSB slid back towards a 16-year low on Tuesday as banks missed out on a sixth day of gains.
Traders cited concerns that Lloyds TSB may need to take further writedowns against HBOS’s loan book and investment portfolio.