The government has sold a further £500m of Lloyds Banking Group shares through a trading plan launched in December, taking the total amount of money recovered for the taxpayer from the bank to just under £8bn.
Lloyds Banking Group is cutting its standalone protection advice service available via its bank branches due to a 'lack of demand.'
Lloyds Banking Group has outlined plans to float around a quarter of TSB this summer in its quarterly management statement.
Lloyds Banking Group says it is increasing its provision for the mis-selling of payment protection insurance (PPI) by another £1.8bn, bringing the total to nearly £10bn.
Lloyds Banking Group has admitted to failings in its handling of payment protection insurance (PPI) complaints, following an undercover investigation.
George Osborne has started the sale process of the taxpayer stake in Royal Bank of Scotland (RBS) and Lloyds, within hours of both banks getting approval from regulators over their capital strength.
Lloyds Banking Group has launched a set of money management tips for people with dementia and their carers.
The Financial Services Authority (FSA) has fined three Lloyds Banking Group firms £4.3m for system failings, that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress.
Lloyds Banking Group has earmarked a further £1bn to pay customers who were mis-sold payment protection insurance.
Scottish Widows is considering moving into the group risk market.