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The institution got a boost in August when the UK Supreme Court ruled in the financial industry’s favor regarding a motor vehicle financing case. The decision gave UK lenders a lift, as investors welcomed the removal of some worst-case compensation scenarios. While regulatory risks linger, Lloyds said its existing 1.15 billion British pound provision should be sufficient, and that any future adjustments are unlikely to be material.
Lloyds Banking Group (LYG)

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