Lloyds Banking Group Plc set aside an additional £700 million ($882 million) for possible costs it will face for a regulatory probe into its motor finance business, meaning it missed earnings ...
LONDON (Reuters) -Lloyds Banking Group's third-quarter profit fell by 36%, it said on Thursday, and it downgraded its performance guidance for the year to reflect an 800-million-pound ($1 billion) ...
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The City watchdog wrapped up the consultation on its motor finance redress in December but the two-year long scandal threatens to rumble on into the new year. The Financial Conduct Authority (FCA) ...
Lloyds Banking Group and Close Brothers have seen shares soar higher after a landmark ruling by the Supreme Court on motor finance commission payments softened the blow for the sector. The decision – ...
LONDON, Dec 17 (Reuters) - Barclays (BARC.L), opens new tab lost its bid to overturn a ruling on British motor finance commissions on Tuesday, in a High Court decision that weighed on bank shares as ...
A decision on the UK’s long-awaited program on how lenders should compensate car buyers who were charged hidden commission will be announced on Monday after “fulsome” comments from borrowers and the ...