Lloyds
Irresponsible bankers could face jail and 10-year bonus delayThe Parliamentary Commission on Banking Standards recommends that senior bankers and regulators should face possible jail sentences if they repeat the mistakes of the past. |
Osborne to outline Lloyds privatisation plan at Mansion HouseThe chancellor, George Osborne, is expected to use the Mansion House speech to the City on Wednesday to set out initial plans on the re-privatisation of Lloyds Banking Group. |
RBS keen on taxpayer stake sale but Lloyds deal more likelyThe sale of part of the 45% taxpayer stake in the Royal Bank of Scotland could start within 12 months though the government may decide the sale of its stake in Lloyds is a better deal. |
Shares in Lloyds fall despite higher Q1 profitsLloyds Banking Group made £2bn in the first three months of 2013 raising the prospect that the government could sell its stake in the bank before the next election. |
Co-op Lloyds decision threatens banking competition plansThe Co-operative Bank has pulled out of buying 632 Lloyds bank branches citing tough economic conditions and a harder regulatory environment as the main reasons. |
"Big five" UK banks pay 771 staff £1m as profits wiped outA new report from KPMG says the "big five" UK banks have improved core performance but profits have been wiped out by the "cost of past mistakes". |
Lloyds loss cut but PPI bill hits £6.8bnLloyds Banking Group reduced its losses from £3.5 billion to £570 million in 2012 as underlying profits improved. However, the huge PPI bill dragged down its results. |
Lloyds PPI loss to increase to £6.5bn on tomorrow's resultsLloyds Banking Group is expected to announce a loss for 2012 when it publishes its latest financial results tomorrow partly due to raising its total PPI compensation bill to £6.5 billion. |
Lloyds Bank receives 4,000 PPI complaints a day in 2012Lloyds Banking Group received almost 4,000 complaints about payment protection insurance a day in 2012, it has been revealed as the bank prepares to announce its results. |
PPI claimants make £1,000 more if they claim themselvesThe Financial Services Compensation Scheme says 15 per cent of the money it pays out goes to claims management companies and advises consumers to claim themselves. |
BM Solutions reduces buy-to-let rates and offers cashbackBM Solutions has reduced mortgage rates on a range of its buy-to-let mortgages and introduced a cashback option. |
RBS, HSBC, Lloyds, Halifax and Co-op banks all suffer glitchesTechnical problems affected RBS, HSBC Lloyds TSB, Halifax and Co-op customers. Most of the problems have now been resolved but some customers could not access cash yesterday. |
Barclays tops bank complaints tableThe Financial Services Authority has published details of customer complaints about banks in the firsy half of 2012 and it reveals a 129% increase in PPI complaints. |
Lloyds security chief jailed for "unsophisticted" fraudThe former head of online security at Lloyds has been found guilty of defrauding the bank of £2.4 million between 2007 and 2011 and sentenced to five years in prison. |
Total bonuses rise as banker bonuses fallOfficial data from the Office for National Statistics shows that pay bonuses fell by three per cent overall in 2011-12 and banker bonuses fell by nine per cent. |
Darling: Lessons must be learnt from run on Northern RockThis week is the fifth anniversary of the onset of the credit crunch that led to billions of pounds of taxpayers' money being spent on bailing out Northern Rock, Lloyds and RBS. |
Lloyds and Barclays are Britain's most complained about banksThe Financial Ombudsman Service (FOS) has published details of the top ten most complained about banks in the first six months of 2012 and Lloyds and Barclays top the PPI-dominated list. |
PPI drives massive increase in banking complaintsNew figures show a big increase in complaints at all the main UK banks but if PPI complaints are discounted Lloyds, HSBC and Barclays are seeing a fall in complaints. |
MPs tell Lloyds and RBS to lift cash machine restrictionsA Treasury Committee has told Lloyds and RBS to lift the restrictions on basic bank account holders being able to access cash from all of their ATM's. |
PPI compensation set to exceed £10 billionWith the "big five" banks announcing interim financial results that include extra provisions for compensation payments the total set aside by the banks for the mis-selling of PPI is set to top £10 billion. |
Lloyds TSB cashpoint in Ipswich paid out "free money"Cashpoint customers at a Lloyds TSB hole-in-the-wall in Ipswich started receiving twice the amount of cash they requested on Tuesday evening. |
Lloyds loses £439m as it increases PPI provision by £700mLloyds Banking Group has announced a loss of £439 million in the six months to the end of June and says that it is increasing PPI provision by £700m to £4.27 billion. |
UK household wealth up by £2.36 trillion since 2001The combined increase in wealth enjoyed by the UK as a whole has reached £2.36 trillion, mainly due to the rise in house prices, new research from Lloyds says. |
Lloyds slams PPI claims process as RBS sets aside extra £125mLloyds banking Group says that the "harvesting" tactics adopted by claim management companies is unfair and wastes time and money on claims from people who were never customers. |
Lloyds ends exclusivity branch sale deal with Co-opLloyds Banking Group has confirmed that it has ended the exclusivity deal with the Co-op over the sale of 632 branches, opening the door to rival bids. |
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