Lloyds sets aside £1.2bn for car loan mis-selling payouts
Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling scandal to £1.2bn, knocking its profits for the year. It is putting aside an extra £700m to cover potential compensation payments, on top of £450m earmarked earlier.
The Chancellor can’t count, Donald Trump seems to have forgotten which side the West is meant to be on in Ukraine, and Britain’s villages are disappearing into sinkholes.
Lloyds Banking Group reported full-year profit below expectations on Thursday, weighed down by money it set aside for ...
Lloyds Banking Group posts a 20% fall in annual profits to £5.97bn, missing expectations as the car finance commission ...
UK lenders paid “advance commissions” to car dealers that may have encouraged them to push costlier loans on to consumers, ...
Lloyds Banking Group has reported a 20.4% drop in annual profit, falling short of market expectations as the UK’s largest ...
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BANKS have allocated up to £1.29billion for compensation in a major update in the car finance commission scandal. Customers ...
Lloyds Banking Group Q4 results show strong trends with net interest margin growth and resilient assets. See why we believe ...
In its annual results, Lloyds Bank Group has reported a pre-tax profit of £5.97bn for 2024, a fifth below the £7.5bn posted ...
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Lloyds Banking Group is scheduled to report results for its fourth quarter on Thursday. Here is what you need to know: PRETAX PROFIT: The U.K. bank is expected to post a pretax profit of 1.25 billion ...
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