3 minutes
Lloyds Banking Group has purchased Tesco Bank's mortgage book for £3.5 billion. The purchase emerges after a ferocious price war which led Tesco to abandon the mortgage market. Lloyds successfully beat competing bids from rivals Santander and Royal Bank of Scotland.
3 minutes
The board of Scottish Financial Enterprise (SFE), the representative body for the financial services industry in Scotland, has selected Philip Grant of Lloyds Banking Group (LBG) as its new chairperson. Mr Grant's new role will be in addition to his position as chair of LBG’s Scottish executiv
1 minute
Lloyds Banking Group has introduced a ban on buying Bitcoin with credit cards, affecting customers of Bank of Scotland, Lloyds Bank, Halifax and MBNA. The move has reportedly been sparked by fears that the continued fall in the price of Bitcoin could leave customers in serious and unsustainable debt
2 minutes
Lloyds Banking Group has announced plans to acquire MBNA, a UK consumer credit card business, from FIA Jersey Holdings Limited, a wholly owned subsidiary of Bank of America.
2 minutes
Lloyds Banking Group has been ordered to reveal legal advice it received in the run-up to its takeover of Scottish bank HBOS during the 2008 financial crisis. Mr Justice Nugee, in a pre-case hearing at the High Court in London, ruled in favour of the Lloyds Shareholder Action Group, who have demande
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