Bank chiefs defend legacy commission models while MPs challenge industry assumptions on fairness, disclosure and customer ...

Lloyds Banking Group’s chief executive faced a grilling from the Treasury Select Committee on Tuesday over the lender’s ...

Lloyds Banking Group LLOY-0.05%decrease; red down pointing triangle put more money aside for a potential hit from a regulatory probe into the motor-finance sector, but posted a set of solid ...

The bank, which is the U.K.'s largest motor-finance player through its Black Horse brand, has already set aside 450 million pounds for a potential redress. Uncertainty around the final cost ...

Lloyds Banking Group delivered solid fourth quarter results, although another round of motor commission provisions drove a bottom line miss. Underlying trends were better for the bank. Hedge ...

Lloyds Banking Group has abolished commission payments for new loans at its motor finance arm Black Horse, the UK’s biggest auto lender. William Chalmers, the group’s chief financial officer ...

Bank of Ireland joined the UK’s biggest lenders in setting aside a lump sump for potential motor finance payouts as it posted its annual results. The bank recorded a pre-tax profit of €1.86bn ...

“LLOY is now our preferred UK bank and we reiterate Outperform ... the target price comes down to 440p (from 620p) to reflect the higher motor finance estimates and cost of capital. Finally, KBW sees ...

In what could become one of the UK's costliest consumer banking scandals, Britain's motor finance industry was found liable by the Court of Appeal in October for "hidden" commissions following an ...

LONDON, March 18 (Reuters) - Lloyds Banking Group CEO (LLOY.L), opens new ... off course by the legal and regulatory scrutiny into its motor finance commission arrangements. Lloyds has provisioned ...