Lloyds Banking Group

Chancellor George Osborne is to begin selling the government's 80% stake in Royal Bank of Scotland at a loss, saying any further delay could jeopardise the economy.

State-owned Lloyds Banking Group has been hit with a £117m fine by the Financial Conduct Authority (FCA), the "largest retail fine" it has ever issued.

Royal London's former offshore business RL360 Group has acquired international life business Clerical Medical International (CMI) from Scottish Widows, creating a business with £8bn of assets under management.

David Cameron plans to offer up to £4bn worth of Lloyds shares to retail investors if the Conservatives win the general election.

Lloyds Banking Group has agreed to sell its remaining shareholding in TSB to Spanish bank Sabadell, in a deal which will value the bank at £1.7bn.

The government has sold a further £500m of Lloyds Banking Group shares through a trading plan launched in December, taking the total amount of money recovered for the taxpayer from the bank to just under £8bn.

The UK government is to sell another tranche of shares in Lloyds Banking Group as it moves to return the bank to private ownership.

The Co-operative Bank has failed a "stress test" carried out by the Bank of England designed to see if the banking sector could withstand another financial crisis.

Lloyds bank has announced it will no longer offer stand-alone protection advice across its Halifax, Lloyds Bank and Bank of Scotland branches after observing "significantly reduced" customer demand.

New rules have been announced by the Financial Stability Board (FSB) that propose preventing large banks from being bailed out by the taxpayer.