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BRIEF-Lloyds Bank CEO: Aware of capital issues at Co-op in Dec 2012
June 18, 2013 / 9:52 AM / in 4 years

BRIEF-Lloyds Bank CEO: Aware of capital issues at Co-op in Dec 2012

LONDON, June 18 (Reuters) - Lloyds Banking Group PLC : * CEO says verde IPO will lead to additional costs of 200-300 million STG * Chairman says was concerned there might be a capital shortfall at Co-op in

December 2012 * CEO says it was clear there was a shortfall in Co-op’s capital position * CEO says raised concerns with Co-op over capital, Co-op said was handling

situation with regulator * Chairman says did not think Co-op capital issues represented a systemic risk

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