Tag: investor reaction


  • Lloyds Warns of a Greater Hit From Car Loan Finance Scandal

    Lloyds Warns of a Greater Hit From Car Loan Finance Scandal

    Overview: Lloyds flags a potentially bigger bill Lloyds Banking Group has signalled that the cost of the motor finance mis-selling scandal could exceed its previous provisions, amid ongoing regulatory scrutiny and the evolving compensation scheme. While the lender had already set aside around £1.2bn to cover expected payments, it warned that an additional provision is…