State-owned Lloyds Banking Group (LBG) and Royal Bank of Scotland (RBS) are offering preferable mortgage borrowing terms to some of their high net worth customers for the first time since the start of the credit crisis.
Banks have warned they would be forced to halt lending to small businesses by tighter international regulations they say are being rushed in.
Lloyds Banking Group and Société Générale have joined the UK Structured Products Association (UK SPA).
Part-nationalised banks led declines on the FTSE in late Tuesday trading amid concerns about what the Government plans to do with its stakes in them after the General Election.
The Chancellor has announced new targets for lending for the state-aided banks, Lloyds and Royal Bank of Scotland (RBS).
Lloyds Banking Group could be about to sell its entire stake in St James's Place.
A former employee of Lloyds Banking Group has accused the bank of artificially inflating its profits by almost £1bn through the use of aggressive tax-avoidance schemes and exotic "Lehman- style" offshore deals which he said amounted to false accounting....
Last week, the financial ombudsman (FOS) published, for only the second time, the number of complaints against authorised firms referred to its office.
Lloyds reported sales through its intermediary channel fell 35% in 2009 contributing to a 26% drop for UK life, pensions and investments sales to £12.97bn.
A third - or almost 30,000 - of all consumer complaints referred to the financial ombudsman (FOS) in the second half of last year were against just three high street banks.