Lloyds saw modest gains in 2024 versus its peers, largely due to concerns over its motor financing lawsuit, which could cost up to £3.9 billion in remediation charges. Despite falling NII and NIM, th
The Financial Conduct Authority (FCA) has increased the time companies have to address complaints over historic motor finance deals which did not involve non-discretionary commission payments. Firms h
Lloyds Banking Group PLC (LSE:LLOY) is still facing potential compensation costs of between £1-3.5 billion for motor finance loans after the defeat for Barclays in court yesterday, Jefferies estima
The Advertising Standards Authority (ASA) has partially upheld a complaint against Lloyds Banking Group PLC (LSE:LLOY)'s sustainability advertising, deeming one of four investigated advertisements mis
Lloyds Banking Group PLC (LSE:LLOY) has seen its share price target bumped lower by Goldman Sachs analysts as uncertainty around motor finance mis-selling continues to loom. Despite news this week tha
Citi analysts have offered a mixed forecast for UK banks in 2025, favouring HSBC Holdings PLC (LSE:HSBA) and NatWest Group PLC (LSE:NWG) while expressing caution over Lloyds Banking Group PLC (LSE:L
Lloyds Banking Group PLC (LSE:LLOY) shares headed higher on Wednesday on news the Supreme Court would hear an appeal against October's ruling over motor finance mis-selling. Lloyds, which is among tho
Lloyds Banking Group PLC (LSE:LLOY) chief executive Charlie Nunn has warned that the uncertainty caused by the recent motor finance compensation chaos court case threatened the “investability” o
RBC analysts have warned expectations for share buybacks by Lloyds Banking Group PLC (LSE:LLOY) ahead are too high given uncertainty around the UK's motor finance probe. Pointing to consensus expectat
Lloyds Banking Group Pioneers Future of Banking with Strategic Tech Investments and Digital Initiatives Lloyds Banking Group Pioneers Future of Banking with Strategic Tech Investments and Digital Init
Dublin, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The "UK Retail Banking: Competitor Benchmarking 2024" report has been added to ResearchAndMarkets.com's offering. This report discusses the financial performa
Lloyds Banking Group PLC (LSE:LLOY) shares risk further pressure until clarity surfaces on the Financial Conduct Authority's motor finance commission probe and redress, analysts say. Following a spa
The Financial Conduct Authority (FCA) has proposed to extend the deadline for lenders to handle complaints surrounding motor finance agreements involving non-discretionary commission arrangements. Und
JPMorgan Chase is pushing further into the UK retail bank market with the launch of its first credit card some three years after it started taking deposits. The US's largest bank and credit card issue
Lloyds Banking Group PLC (LSE:LLOY) has added an app that tops benefits and other financial support customers might be eligible to claim. Council tax discounts, energy grants, winter fuel payments a
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