Lloyds Banking Group’s bill for mis-selling payment protection insurance (PPI) has almost reached £10 billion, after it announced it would be setting aside an additional £1.8...
A new study has accused investment funds of failing to manage climate risks properly, subsequently exposing investors to potentially huge losses in the future. The Global...
Aberdeen Asset Management has signed a deal with Lloyds Banking Group to buy Scottish Widows Investment Partnership (SWIP) that will see its ethical and responsible assets...
The Treasury has sold 6% of its share in Lloyds Banking Group – a deal that brought in profits of £61m for the public purse. The...
TSB, which merged with Lloyds in 1995, has returned to the British high street after a hiatus of nearly two decades. The bank has said it...
Two in five people are expected to switch banks when a new £750m government-backed system is introduced in September, which will allow consumers to move their...
Accountancy firm KPMG has released a report, in which it claims that too much regulation on the big banks will curb growth. The study shows that...
Big banks in the UK need to raise billions more in capital to cover their risks, according to the Prudential Regulation Authority (PRA). Five of the...
Lloyds Banking Group has admitted there were “issues” with the way some of its employees were handling complaints over payment protection insurance (PPI), with banking campaigners...
It was lauded as “the biggest shake-up in high street banking in a generation”, but today the Co-operative Bank has revealed that it is pulling out...
The parliamentary banking commission has criticised three ex-HBOS executives over their “colossal failure” amid the financial crisis of 2008, and called for the trio to be...
Lloyds Banking Group has revealed it made a £570m loss in 2012 – mainly down to the £3.6 billion it was forced to set aside for...
A number of Britain’s biggest banks and insurance companies are abandoning investments in the cluster bomb manufacturing industry—a welcome but overdue decision. The quartet—Lloyds Banking Group,...