Lloyds

Lloyds to repay around £10m for administrative errors

Lloyds Banking Group is set to repay nearly £10m ($13m) to customers following administrative errors. The errors started in 2012,…

Lloyds to reduce headcount by around 300

British lender Lloyds Banking Group is set to lay off around 300 employees in a cost-cutting drive. Trade union Unite…

Lloyds plans £2bn share buyback programme

Lloyds Banking Group is planning to double the scale of its share buyback programme to £2bn ($2.59bn) next year. However,…

Lloyds to move 1,000 insurance staff to TCS

Lloyds Banking Group is set to outsource around 1,000 employees in its insurance unit to Diligenta, a UK-based subsidiary of…

Lloyds to pay £283m in compensation for mortgage arrear errors

Lloyds Banking Group has agreed to pay around £238m in compensation to nearly 590,000 customers for overcharging customers in mortgage…

Lloyds pre-tax profit rises 4% to £2.5bn in H1

Lloyds Banking Group has reported a statutory profit before tax of £2.5bn for the first half of 2017, an increase…

Lloyds makes sweeping management changes

Lloyds Banking Group has unveiled multiple changes in its senior management lineup in preparation for the group’s next strategic plan.…