Taxpayer-backed Lloyds Banking Group revealed lower-than-expected profits today after it took an additional £375m hit to cover payment protection insurance (PPI) claims.Read
The finance boss who helped steer Lloyds Banking Group through the aftermath of its HBOS acquisition in 2008 announced plans to quit the firm today.Read
Britain’s banks should ring-fence their high street and investment divisions as part of a far-reaching reform package which should be put in place by 2019, a Government-appointed commission said today.Read
Taxpayer-backed Lloyds Banking Group swung to a loss in the first half of the year after it took a £3.2bn hit to tackle the payment protection insurance scandal.Read
Lloyds Banking Group delivered another blow to staff today as it unveiled plans to slash a further 15,000 jobs by 2014 in a bid to save £1.5 billion a year.Read
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