Search Results for: Lloyds
Lloyds Banking Group paying £1.9bn for MBNA credit card business
December 20th, 2016
Lloyds Banking Group has beaten other bidders to buy MBNA, one of the UK’s biggest credit card issuers, for £1.9bn. The sale, by Bank of America, had attracted interest from the likes of Santander UK and HSBC but the ...
Lloyds Banking Group to introduce new state of the art fraud prevention technology
October 13th, 2016
Lloyds Banking Group is set to become the first organisation in Europe to introduce new state of the art fraud prevention technology, helping protect its 30 million customers from telephone fraudsters.The patented Phoneprinting™ technology, developed by call centre fraud ...
Lloyds profits fall on PPI claims
February 25th, 2016
Lloyds Banking Group has reported a 7% fall in annual pre-tax profits to £1.6bn compared with £1.8bn a year earlier. The bank increased provisions for payment protection insurance (PPI) compensation in the year to £4bn. That was after the City ...
Lloyds under investigation by FCA over possible market rigging
January 7th, 2016
Reports say investigation into gilts trading is not industry-wide despite recent criticism of regulator for dropping review into culture at major banks The City regulator is investigating whether traders at Lloyds Banking Group manipulated the price of government bonds, in a ...
Lloyds Banking Group launches Apple Pay to Lloyds Bank, Halifax and Bank of Scotland customers
September 14th, 2015
From today, 14th September 2015, Lloyds Banking Group will offer its Lloyds Bank, Halifax and Bank of Scotland customers access to Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay. As Britain’s ...
Lloyds Banking Group fined £117m for failing to handle PPI complaints fairly
June 5th, 2015
The Financial Conduct Authority (FCA) has issued its largest ever retail fine (£117m) to Lloyds Bank Plc, Bank of Scotland Plc and Black Horse Ltd (together Lloyds) for failing to treat their customers fairly when handling Payment Protection Insurance ...
Lloyds Bank gives terms and conditions a digital makeover
April 8th, 2015
Lloyds Bank is leading the way in simplifying terms and conditions in an effort to make banking easier for customers Online Banking customers can now watch a short animated infographic which explains the key terms and conditions In a ...
Lloyds Bank named first UK Bank to establish partnership with UKTI
March 23rd, 2015
Lloyds Bank named first UK Bank to establish partnership with UKTI to increase exports and attract inward investment Lloyds Bank Commercial Banking becomes the first UK Bank to enter into a strategic partnership with UK Trade and Investment (UKTI) ...
Lloyds sells 50% of TSB to Spain’s Sabadell bank
March 20th, 2015
Catalan bank buying TSB for £1.7bn is one of few banks to emerge stronger from financial crisis in Spain TSB has agreed a £1.7bn takeover by Spain’s Banco de Sabadell, with Lloyds Banking Group selling its 50% stake in the UK ...
Taxpayers benefit from Lloyds dividend
March 2nd, 2015
Lloyds Banking Group has paid its first dividend to shareholders since it was bailed out in 2008, a total of £535 million. In what Chancellor George Osborne has called a ‘major milestone’ for the British economy, the Treasury’s 23.9% ...
