Browsing: Lloyds News
Lloyds and Mercore Complete Groundbreaking Digital Transactions with Secondary Participation in Digital Bills of Exchange
Lloyds and Mercore have successfully completed a series of landmark digital transactions featuring secondary participation in an accepted digital bill of exchange (DBE). This innovative process…
Pressure is intensifying on Lloyds Banking Group to fully disclose an internal review linked to the notorious HBOS fraud. This investigation follows a series of fraudulent…
Lloyds Banking Group has reported a 28% drop in first quarter profit, but said the figure was in line with expectations. The group — which owns…
The UK’s Financial Conduct Authority (FCA) has initiated a critical investigation into possible overcharges in car finance agreements. The focus is on broker and lender commission…
Lloyds Banking Group has strategically allocated £450 million to address potential impacts from an ongoing investigation by the UK’s Financial Conduct Authority (FCA).This move comes as…
Lloyds Banking Group has announced plans to cut 450 back-office jobs in the latest attempt to cut costs and focus on digital initiatives, according to Reuters.…
Lloyds profits increases to £1.2 billion while PPI compensation costs rise by £1.4 billion
Lloyds Banking Group has set aside a further £1.4bn to cover compensation claims by customers who were mis-sold payment protection insurance (PPI), but has declared a…
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