One day before reporting its first quarter results, partially nationalised British bank Lloyds has sold its unprofitable Spanish business, taking a heavy loss of almost 300 million euros. <br /><br />The buyer is Spain's Banco Sabadell. As part of the deal Lloyds will get a 1.8 percent stake in the lender which is the fifth largest in Spain. <br /><br />...<br />http://www.euronews.net/
