Tag: investor response


  • Lloyds Warns of Bigger Hit from Motor Finance Scandal as Provisions Rise

    Lloyds Warns of Bigger Hit from Motor Finance Scandal as Provisions Rise

    Overview: Lloyds signals a potentially larger bill from car loan mis-selling Lloyds Banking Group has indicated that its financial exposure to the motor finance scandal could be larger than previously anticipated. The group signalled that additional provisions may be required as investigations advance and the scope of potential payouts becomes clearer. This development adds another…