As Lloyds Banking Group prepares to post its final PPI bill this week, analysts estimate that Lloyds will be hit by a £2.5 billion charge for 2019.
Lloyds Banking Group
A review investigating how much senior management at Lloyds Banking Group knew about the HBOS Reading Scandal has been delayed for a year. Dame Linda Dobbs, who is conducting the review, has delayed the date for report the until the second half of 2020 or even later due to the volume of work involve
Lloyds Bank has issued a memo on staff treatment due to a drastic rise in complaints to one of its employee unions concerning working conditions across is declining banking network.
Lloyds Banking Group will be closing 56 more branches across the UK this year, with 15 Bank of Scotland branches to close in Scotland.
Mid-market private equity firm LDC said it would seek to increase its investment in UK companies to reach £1.2 billion during 2020, with Scotland being a strategic focus for the investor. LDC, part of Lloyds Banking Group, said the role of private equity in supporting the UK’s small and
Lloyds Banking Group has said it will write off tens of millions of pounds of debts to almost 200 fraud victims who were hit by the HBOS scandal.
Lloyds Banking Group has pledged to reduce the carbon emissions it finances by over 50% by 2030 to help finance a green future. This is the estimated equivalent of removing the emissions produced by almost a quarter of UK homes.
As part of Lloyds Banking Group’s national pledge to lend up to £18 billion to UK businesses in 2020, the group will support firms in Scotland with up to £1.6bn of lending this year. The group said this promise highlights its commitment to be by the side of British business whateve
Lloyds Banking Group has announced that it will award £35,000 to almost 200 fraud victims who suffered at the hands of the HBOS Reading scam. The announcement to award the victims comes after the group was criticised for the way it handled treated small business owners whose livelihoods were a
Overall business confidence rose for the fourth consecutive month in December, with Scotland reporting an increase to 11%, according to the latest findings from the Lloyds Bank Commercial Banking Business Barometer.
The UK's six biggest banks and building society Nationwide are braced for today's results of the most exhaustive test of their ability to stand firm against 'Armageddon'.
Lloyds Banking Group has been forced to reopen a compensation scheme set up for victims of fraud after a report revealed the bank allowed "serious shortcomings" to occur. Scores of small business owners were affected by the £1 billion HBOS scandal where consultants linked with an HBOS facility
Whilst three in four people in the UK who plan to purchase gifts for Christmas do so with a specific budget in mind, research by Lloyds Bank has shown that, despite their good intentions, nearly half (48%), still expect to overspend.
Lloyds Banking Group is consulting shareholders over whether to action a £220,000 pension pay cut for its chief executive António Horta-Osório. António Horta-Osório
Shareholders from Lloyds Bank have lost a multi-million-pound claim against the bank over its purchase of HBOS in 2009. A total of 5,803 former Lloyds TSB shareholders claimed they were "mugged" when the bank recommended the deal without disclosing HBOS's true financial position which turned out to