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Lloyds Banking profit jumps to $7.4 bln but misses estimates

Retrieved on: 2018-02-20 18:30:00

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<div>This responds to new regulation forcing big banks to open up their customer data to rival lenders and <b>financial technology</b> firms with far lower cost bases, enabling them to compete more effectively for customers. The bank said it will revamp its app and digitise 70 percent of its processes by 2020, ...</div>

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