Lloyds Banking Group

UK

Lloyds confirms plan to cut 10% of workforce as PPI bill soars past £11bn

Lloyds Banking Group has set aside an extra £900m in payment protection insurance (PPI) provisions and confirmed it will cut 9,000 jobs as part of a switch from high street to digital banking.

clock 28 October 2014 •

Investment

Lloyds fires eight staff over LIBOR

Eight staff members have been dismissed by Lloyds following an investigation into the LIBOR rate fixing scandal that saw the bank fined £218m.

clock 29 September 2014 • 1 min read

Investment

Hidden gems: 19 buyers choose their under-the-radar funds

The Big Question: Which small funds are your hidden gems?

clock 22 September 2014 • 15 min read

Equities

RBS shares climb as it confirms London move if 'yes' vote wins

Royal Bank of Scotland (RBS) shares were among the top risers this morning after it confirmed it will move its operations to London should Scotland vote to become independent.

clock 11 September 2014 •

UK

Lloyds takes fresh £600m PPI hit but profits beat expectations

Lloyds Banking Group has set aside a further £600m for the mis-selling of payment protection insurance but its interim results show an improvement in underlying profit.

clock 31 July 2014 •

Equities

Income managers pull back on Lloyds after dividend delays

UK equity income managers have found their early purchases of Lloyds Banking Group thwarted by a longer than expected delay in the bank restarting dividend payments.

clock 08 July 2014 •
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