Lloyds Bank Faces FCA Motor Finance Probe
The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance practices, potentially impacting millions of customers and leading to significant compensation claims.
The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance practices, potentially impacting millions of customers and leading to significant compensation claims.
Exclusive: Lloyds Banking Group sets aside £450 million as FCA investigates discretionary commission arrangements in car finance market, potentially triggering compensation claims for millions of British motorists.
Lloyds Banking Group faces mounting costs as it allocates another £800 million to cover compensation for historical motor finance commission claims, bringing total provisions to a staggering £2 billion.
Exclusive: Lloyds sets aside massive sum as FCA investigates discretionary commission arrangements in car finance market. Potential compensation claims could affect millions.
Exclusive: The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance commission arrangements, potentially affecting millions of customers.
Lloyds Banking Group is under investigation by the Financial Conduct Authority regarding historical motor finance commission arrangements, potentially impacting millions of customers.
Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.
Major UK banks Halifax, Lloyds and Santander announce significant job cuts affecting more than 1,100 positions while creating nearly 500 new roles in evolving banking sectors.
Lloyds Banking Group warns millions of UK customers about sophisticated new scams targeting online banking users. Learn how to protect your savings from these convincing fraud attempts.
Exclusive: Major pension provider Scottish Widows under HMRC investigation for potential multi-million pound tax bill dating back to 2017 corporate restructuring.
Exclusive analysis reveals how Lloyds Banking Group's patient investment strategy paid off spectacularly with their Ferrari stake, while Citigroup faces Hong Kong regulatory scrutiny in separate banking sector developments.
Millions of UK banking customers faced payment chaos as major high street banks including Lloyds, Barclays and Santander experienced significant technical failures, leaving many unable to send or receive money.
Lloyds Banking Group reveals mounting financial pressure from the car finance mis-selling scandal, with provisions now expected to significantly exceed initial estimates as regulatory scrutiny intensifies.
Lloyds Banking Group faces formal FCA investigation over potential regulatory breaches, sending shares plummeting as market confidence wavers.
The Financial Conduct Authority has launched a formal investigation into Lloyds Banking Group's motor finance lending practices, raising concerns about potential customer harm in the lucrative car finance market.
The Financial Conduct Authority launches investigation into suspected insider dealing surrounding major banking stocks including Lloyds and Barclays, causing significant market turbulence.
Lloyds, Halifax and Barclays announce sweeping branch closures across England and Wales, leaving customers facing longer journeys to access in-person banking services.
Lloyds Banking Group announces significant reduction in overdraft fees, cutting charges from £150 to just £15 in major customer-friendly overhaul.
Major banking group announces fresh wave of branch closures across England, Scotland and Wales as customers shift to digital banking, leaving communities concerned about access to cash.
Discover how savvy homeowners are saving thousands by switching to cheaper mortgage deals as interest rates shift. One borrower's story reveals how you could cut your payments dramatically.
New data reveals UK property market faces significant downturn with flats hit hardest as rising mortgage costs and economic uncertainty reshape buyer demand.
A serious data breach at HM Revenue and Customs has compromised confidential information of thousands of taxpayers, sparking urgent investigations and raising serious questions about government data security protocols.
Lloyds Banking Group reveals plans to close 53 bank branches across England and Wales in 2025, citing declining customer usage. The move affects Lloyds, Halifax, and Bank of Scotland brands.
Lloyds Banking Group shocks customers by reducing its interest-free overdraft buffer from £250 to a mere £50 from November, impacting millions across Lloyds, Halifax, and Bank of Scotland accounts.
New data reveals Britain's housing affordability crisis has hit a record high, with property prices soaring to 8.3 times average earnings. Experts warn of a 'broken market' as mortgage costs and stagnant wages create perfect storm for buyers.
Major UK banks are offering cash incentives up to £200 for customers who switch their current accounts. Discover which banks are paying and how to claim your free cash before the deals vanish.
New data reveals the staggering income required to purchase a median-priced house in San Francisco has soared to over $488,000, highlighting a severe affordability crisis despite recent price corrections.
A significant data breach within the Metropolitan Police has compromised the personal information of Hackney Council staff. The incident raises serious concerns about data security protocols.
Jaguar Land Rover investigates a significant cyberattack compromising UK staff data. The breach, linked to a third-party vendor, exposes personal details including national insurance numbers.
In a significant move, NatWest and Royal Bank of Scotland have announced sweeping cuts to their fixed-rate mortgage deals, offering hope to borrowers amidst the cost-of-living crisis.