Lloyds Banking Group has set aside an extra £900m in payment protection insurance (PPI) provisions and confirmed it will cut 9,000 jobs as part of a switch from high street to digital banking.
Corporate benefits and wealth management firm Premier has hired a former Barclays Wealth director and his team of six in a bid to expand across the South-West.
Lloyds is continuing to pressurise staff to mis-sell credit cards, loans and insurance, a leaked email has revealed - just months after the bank was fined £28m for promoting a ruthless sales culture.
Life and pensions underlying profits at Lloyds Banking Group were down 18% to £461m in the first half of the year, latest results show.
Lloyds Banking Group has been fined a total of £218m by UK and US authorities for a series of failings, including manipulating fees it owed to the Bank of England (BoE) for a taxpayer-backed scheme designed to support the UK's banks during the financial...
UK equity income managers have found their early purchases of Lloyds Banking Group thwarted by a longer than expected delay in the bank restarting dividend payments.
Provider Scottish Widows has confirmed it will be re-entering the IFA market with protection products next year.
Lloyds will price its initial public offering of TSB at between 220p and 290p per ordinary share, with the float set for 20 June.
The Treasury is expected to appeal to the UK's biggest banks to increase competition in lending to small and medium-sized businesses.
Lloyds, the UK's biggest lender, has put an immediate cap on income multiples on mortgages over £500,000 to primarily target the London market in a bid to combat the capital's swiftly rising property price inflation.