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.
Category : Search result: Lloyds
Lloyds sets aside £450m for car finance claims probe
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 adds £800m to car finance compensation pot
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.
Lloyds sets aside £450m for car finance probe
Exclusive: Lloyds sets aside massive sum as FCA investigates discretionary commission arrangements in car finance market. Potential compensation claims could affect millions.
Lloyds Faces FCA Probe Over Car Finance Commissions
Exclusive: The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance commission arrangements, potentially affecting millions of customers.
Lloyds faces FCA car finance commission investigation
Lloyds Banking Group is under investigation by the Financial Conduct Authority regarding historical motor finance commission arrangements, potentially impacting millions of customers.
Lloyds Bank cuts 1,600 jobs in restructuring
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.
Halifax, Lloyds & Santander cut 1,100+ banking jobs
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 Bank Urgent Scam Alert for Millions
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.
Scottish Widows faces HMRC probe over £100m tax bill
Exclusive: Major pension provider Scottish Widows under HMRC investigation for potential multi-million pound tax bill dating back to 2017 corporate restructuring.
Lloyds Bank makes £450m profit from Ferrari stake sale
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.
Major UK banks hit by payment system outage
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 warns of bigger car finance scandal hit
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 Bank Under FCA Investigation: Shares Drop
Lloyds Banking Group faces formal FCA investigation over potential regulatory breaches, sending shares plummeting as market confidence wavers.
Lloyds faces FCA probe over motor finance practices
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.
FCA probes insider trading in banking shares
The Financial Conduct Authority launches investigation into suspected insider dealing surrounding major banking stocks including Lloyds and Barclays, causing significant market turbulence.
Three major banks shutting dozens of branches across UK
Lloyds, Halifax and Barclays announce sweeping branch closures across England and Wales, leaving customers facing longer journeys to access in-person banking services.
Lloyds Bank cuts overdraft fees from £150 to £15
Lloyds Banking Group announces significant reduction in overdraft fees, cutting charges from £150 to just £15 in major customer-friendly overhaul.
Lloyds Group Shutters 53 More Bank Branches
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.
Lloyds Bank to Shut 53 Branches Across England and Wales in 2025
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 slashes free overdraft from £250 to £50
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.
UK Banks Offering Up to £200 FREE Cash for Switching
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.
Romance Scam Crisis: Victims Lose £12k on Average
Exclusive data from Lloyds Bank exposes the devastating rise of romance scams, with victims losing over £12,000 each. Learn the crucial red flags to protect yourself from emotional and financial devastation.
Lloyds blocks card over twin sister identity mix-up
A Lloyds Banking Group customer reveals how a system error mistakenly linked her identity to her twin sister, leaving her unable to access her new credit card and trapped in a bureaucratic loop for weeks.
162 UK Bank Branches to Close in 2024: Full List
Major banks including Barclays, HSBC, Lloyds, and NatWest have announced a sweeping wave of 162 branch closures across the UK in 2024, accelerating the decline of the British high street. Discover if your local branch is on the list.
Lloyds Bank Launches £200 Cash Switch Offer
Exclusive: Lloyds Bank launches a limited-time £200 cash incentive for new customers switching to a Club Lloyds, Silver, or Platinum account. Discover the eligibility criteria and how to apply before the offer ends.
Lloyds fined £3.9m over customer treatment failings
The Financial Conduct Authority has slapped Lloyds Banking Group with a hefty £3.9 million penalty for serious failures in its mortgage and loan support for customers in financial difficulty.
Lloyds Bank £175 Free Cash Giveaway
Lloyds Bank is offering a massive £175 cash incentive for new customers who switch their current account. Discover the simple steps to claim your free money and the terms you need to know.
Autumn 2025 Bank Closures: Full List of Shutting Branches
Exclusive: Major UK banks including Barclays, Lloyds, and HSBC announce a fresh wave of branch closures for Autumn 2025, leaving communities without vital local banking services and raising concerns about financial exclusion.
Lloyds: Reeves' Plan Could Deliver £57bn Annual Economic Boost
Exclusive analysis by Lloyds Banking Group suggests Chancellor Rachel Reeves' economic policies could significantly boost UK growth, productivity, and household finances by 2030.
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