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Lloyds 4Q pretax profit rise missed market views on high fraud-related costs

By: MarketWatch
Lloyds Banking Group PLC on Thursday reported a rise in pretax profit for the fourth quarter of 2021 that fell short of market views as it booked high fraud-related costs, and said it intends to launch a share buyback program of up to 2 billion pounds ($2.71 billion).
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