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Lloyds

lloyds

Lloyds profits fall on PPI claims

25/02/2016(0)
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 ... Read More
Samsung-pay

Four in ten say they won’t need cash in ten years time as contactless proves popular for many

31/08/2015(0)
43% of people look to contactless payments as the payment method of the future. Within the next five years, one in three (34%) expect to be using a mobile ... Read More
Bank-of-Scotland

Bank of Scotland is most complained-about bank, watchdog reveals

26/08/2015(0)
More than 20,000 complaints about bank dealt with by financial ombudsman in first half of 2015, with Barclays and Lloyds also prompting many complaints Bank of Scotland, Barclays and Lloyds ... Read More
FCA_regulator

Lloyds Banking Group fined £117m for failing to handle PPI complaints fairly

05/06/2015(0)
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 ... Read More
uk banks

RBS and Lloyds scrape through BoE stress tests as Co-op fails

16/12/2014(0)
Royal Bank of Scotland (RBS) and Lloyds Banking Group scraped through the Bank of England’s stress tests with only Co-op of the eight institutions under scrutiny failing to meet ... Read More
george-osborne

Osborne accused of obstructing MPs over Co-op and Lloyds Bank deal

21/08/2014(0)
George Osborne was accused of unreasonably withholding information on ministers’ meetings with Lloyds and Co-op bankers in a series of confrontational letters published yesterday. He was accused of obstructing ... Read More
lloyds

Lloyds panel review enters final stage with one week until deadline

21/08/2014(0)
Firms vying for spots on Lloyds’ own-account panel have been given a week to file tender submissions to the bank in preparation for an October panel unveiling. Current panel ... Read More
lloyds

Lloyds Sued by 220 Investors Over HBOS Takeover ‘Folly’

07/08/2014(0)
Lloyds Banking Group Plc (LLOY) was sued by 220 investors who said they were misled into supporting a 2008 takeover of HBOS Plc that prompted a 20 billion-pound ($34 ... Read More
lloyds

U.K. Treasury Raises 4.2 Billion Pounds in Lloyds Share Sale

26/03/2014(0)
The U.K. government sold a 4.2 billion-pound ($6.95 billion) stake in Lloyds Banking Group Plc (LLOY), its second disposal since rescuing the lender in the financial crisis. The government ... Read More
Broker Cyprus TopFX