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Britain's financial regulator has put a deadline on one of the UK's most...
Britain's financial regulator put a deadline for customers that claim they were mis-sold payment protection insurance (PPI), which turned out to be one of the most expensive banking scandals in UK...
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Former Chancellor George Osborne is earning £13,500 A DAY working for BlackRock
LONDON — George Osborne is making £650,000 a year working one day a week for investment management giant BlackRock and has made hundreds of thousands of pounds more speaking at financial institutions...
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Lloyds Bank is shrinking hundreds of UK branches which are to be staffed by...
LONDON — Lloyds Bank intends to shrink hundreds of its UK branches due to growing numbers of customers using online banking, the company said in a statement on Monday.Its new "micro-branches" will have...
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The UK government has recouped the £20 billion cost of the Lloyds bailout
LONDON — The UK Treasury has recouped its £20.3 billion bailout of Lloyds Banking Group, almost four years after it began selling shares.The calculations include both share sales and dividends, the...
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Lloyds' finance director could become temporary CEO if Antonio Horta-Osório...
LONDON — Lloyds Banking Group has drawn up contingency plans in case CEO Antonio Horta-Osório quits or takes another job, according to The Times.The Times reported on Monday that finance director...
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REPORTS: The government will announce the sale of its final shares in Lloyds...
LONDON (Reuters) - The British government is due to announce the sale of its remaining stake in Lloyds Banking Group on Wednesday, the first lender to fully repay its state bailout in a landmark moment...
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Here's what banks have said about whether their jobs will be leaving the UK...
In the year since the UK voted for Brexit, one of the hot topics for discussion in the City has been job moves.In February, Brussels think tank Bruegel estimated that 10,000 UK banking positions could...
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The 18 most profitable banks in the UK
In the years since the financial crisis, Britain's banks have slimmed down massively, shedding staff and spending much less money as greater scrutiny from both the public and regulators puts their...
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Briton accused of cyber attacks on Lloyds and Barclays is extradited from...
The alleged fraudster behind a series of cyber attacks against two of the UK's biggest high street banks has been extradited from Germany to face charges, according to the National Crime Agency...
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Hurricanes Irma and Harvey could cost Lloyd's of London insurers £150 billion
LONDON — Damage caused by Hurricanes Irma and Harvey, and the forthcoming Jose, could cost Lloyd's of London insurers £150 billion ($200 billion).Lloyd's of London is a specialist insurance market...
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'Deal or No Deal' host Noel Edmonds claims he has a secret RBS scandal report
Television presenter Noel Edmonds claims to have a copy of a secret report into allegations RBS bankrupted small companies to buy up their assets on the cheap.The "Deal or No Deal" presenter said on...
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Lloyds HBOS trial: Former watchdog chief to give evidence in secret
Former head of the now-disbanded Financial Services Authority is due to give evidence in secret.Neither press nor public will be permitted to be present, following a court order.The court order itself...
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Here's the doomsday scenario British banks faced in the Bank of England's...
Bank of England published the results of its annual stress test of the UK financial system later on Tuesday.The test is designed to ensure that banks are in possession of right tools — such as...
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Shares in Britain's biggest asset manager plunged after Lloyds said it will...
Shares in Standard Life Aberdeen dive after Lloyds announces withdrawal of assets.Lloyds will pull out £109 billion held on behalf of Scottish Widows, the pension business it owns.Lloyds was the firm's...
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Lloyds Bank profits climbed 24% — but it is still feeling the pain from PPI...
Lloyds Bank profits increased 24% in 2017, with the bank bringing in £5.3 billion profit before tax.The bank also started a £1 billion plan to buy back shares."2017 has been a landmark year for the...
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The CEO of a $67 billion bank is watching these 4 industry drivers to avoid...
Lloyds CEO António Horta Osório gave a speech on "The Bank of the Future" on Thursday.He said he anticipated four main drivers of change over the next few years: customer expectations, tech,...
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UK bank stocks are cratering after Brexit chaos rumbles Theresa May's government
Barclays, RBS, and Lloyds, some of the UK's largest lenders, crash more than 4.5% after Theresa May's Brexit plan failed to win over her party, and the market. Top ministers have resigned, the Prime...
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Lloyds Bank and Visa are partnering to widen UK cash access (V)
This story was delivered to Business Insider Intelligence "Payments Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here.Major UK-based bank...
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The star investor in 'The Big Short' has a new short against Barclays — and...
Steve Eisman, the hedge-fund manager known for betting against the US housing market ahead of the 2008 crash, is holding a short position in Barclays.Eisman, who was played by Steve Carell in the movie...
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Lloyd's of London wants to end its drink-and-drugs culture: 'If you don't...
One of the world's oldest insurers is cracking down on day drinking and drug taking with a new code of conduct.Lloyd's of London, a 331-year-old institution, says it will bar anyone deemed to be under...
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