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FTSE 100 closes higher as positive US jobs report boosts sentiment
Footsie closed the day up over 83 points at 7,659, but over the week as a whole it was down 0.54%
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Lloyds Banking Group PLC
LON:LLOY
Lloyds Banking Group has many household names like Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Lloyds Banking Group is a leading UK based financial services group providing a wide range of banking and financial services, focused on personal and commercial customers. The Group’s main business activities are retail, commercial and corporate banking, general insurance, and life, pensions and investment provision. The Group operates the UK’s largest retail bank and has a large and diversified customer base.
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PPI: What’s all the fuss about?
The PPI scandal has been pervasive across advertising spaces for years, but what exactly caused the surge in claims on this previously little-known financial product?
Lloyds Banking Group’s first-half results can be summed up in three letters – PPI
The lender surprised some as it took a fresh £460mln provision for the payment protection insurance (PPI) mis-selling scandal, although the amount was a lot less than last year’s provision
Lloyds first-half profits rise 23% despite extra £460mln provision for PPI claims
Lloyds said growth in credit cards business MBNA offset ongoing pricing pressures in mortgages amid tough competition
Investments and investor services
FTSE 100 closes firmly lower as miners lag and attention turns to BoE rate decision
The Footsie closed Wednesday almost 96 points lower at 7,652.
Archive
Financial sector to hold most attention as Fed rate decision looms
The Fed rate decision is expected to come and go with little drama on Wednesday, with the decision from the Bank of England on Thursday more likely to cause upheaval
UK's top banks in the spotlight as Lloyds, Barclays and RBS report interims
Lloyds, Barclays and RBS report their interims this week
FTSE 100 closes slightly in red as traders sit on hands ahead of central bank updates
FTSE 100 closed down 0.46 points, or 0.01% at 7,700 on Monday
Lloyds reviews treatment of HBOS fraud whistleblower
Lloyds said it believes the whistleblower "acted with the best of intentions”
Lloyds loses UK mortgage market share but remains biggest lender, UK Finance reveals
RBS overtook Barclays to become the fourth largest lender of mortgages while HSBC also grew its market share
Lloyds to reportedly operate from three European subsidiaries after Brexit
One of the subsidiaries is understood to be in Frankfurt, which will become home to Lloyds' euro bond trading business
Former Lloyds executive Andrew Bester to become new boss of Co-op Bank
Andrew Bester was once viewed as a possible candidate to become the next Lloyds chief executive
Lloyds may need to pay more than £1bn for HBOS Reading fraud, says Noel Edmonds
Former 'Deal or No Deal' host Noel Edmonds is seeking £64mln in damages for losses suffered from the loans scam at the HBOS Reading unit
Lloyds offers compensation of £76mln to victims of HBOS Reading unit fraud, say lawmakers
Reuters said 170 former directors of companies impacted by the fraud have so far been offered compensation, of whom 134 have accepted, according to a letter published by lawmakers on Thursday
Lloyds, RBS lead banks lower after UK court ruling raises threat of huge new PPI bill
The case at Manchester county court, involving a couple, Christopher and Joanne Doran, against Paragon Personal Finance, revolved around the issue of commission paid
OneSavings Bank shares edge higher on Numis upgrade
Numis said OneSavingsBank's cost-to-income ratio is nearly half that of Lloyds
HSBC completes separation of retail bank to meet ring-fencing rules
HSBC finished setting up its ring-fenced bank six months ahead of the legal deadline
TSB ignored warnings IT system was not ready before disastrous switchover, says union
Staff were “teetering on the brink of collapse" and dealing with “levels of abuse never seen before" from disgruntled customers, new documents claim
Lawmakers call for probe of Lloyds and KPMG over HBOS Reading fraud
The All Party Parliamentary Group on Fair Business Banking called for the probe after a confidential report into the fraud at HBOS Reading was leaked online on Tuesday
JP Morgan equalises CYBG and Virgin Money as it remains ambivalent on merger impact
The US investment bank said Virgin’s £1.7bn takeover of CYBG was likely to create a stronger UK bank but was unlikely to “materially shift the competitive backdrop”