Lloyds Banking Group

The Money Advice Service (MAS) has launched a review into the educational work of the financial services industry to encourage greater understanding of money among young people in the UK.

Ten top members of staff at Lloyds Banking Group have been sent to London's Comedy School to improve their leadership skills.

Lloyds Banking Group's chief executive António Horta-Osório is having to reapply for his own job as doctors prepare to give him the go-ahead to return to work from sick leave.

Lloyds Banking Group has offered to exchange £4.9bn of its outstanding bonds in order to raise new capital.

Lloyds Banking Group confirmed this morning Co-Operative Bank and NBNK Investments are the last two bidders in the running for its 632 branches and retail assets.

Lloyds Banking Group has announced the interim replacement for group chief executive António Horta-Osório.

Lloyds Banking Group has reported a statutory loss of £3.9bn in the first nine months of 2011 after being hit with a £3.2bn provision for payment protection insurance (PPI) claims.

Last year the government launched its consultation on simple financial products and a summary of responses has now been published.

Shares in Lloyds Banking Group have dropped by 5% after the company announced CEO Antonio Horta-Osorio was taking a temporary leave of absence.

The chief executive officer of part-nationalised British lender Lloyds Banking Group, Antonio Horta-Osorio, is taking a leave of absence for health reasons, a source with knowledge of the matter said according to reports.