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
Lloyds Banking Group
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
Lloyds Banking Group's profits have fallen substantially following a £1.8 billion hit for payment protection insurance (PPI) mis-selling compensation. The bank's total bill for the PPI scandal now stands at almost £22bn.
The Scottish Building Society (SBS) has joined the Scottish Financial Enterprise (SFE). SFE supports Scotland's financial services sector and includes organisations such as HSBC, Investe, Jpmorgan, KPMG and Lloyds Banking Group. It represents an industry that employs over 160,000 people in Scot
The dramatic surge in claims for mis-sold PPI before last week’s deadline has led RBS to allocate between £600-£900 million to cover the costs.
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.
Business confidence in Scotland decreased by nine points within a month to minus 9%, the Bank of Scotland Business Barometer has indicated.
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
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
Andrew Charnley Lloyds Banking Commercial Banking has appointed Simon Quin as area director for SME Global Transaction Banking (GTB) in the North East, Yorkshire and Scotland regions.