Lloyds Banking Group
Oval strikes £43m refinancing deal
Oval has secured a £43m refinancing deal structured over four years, it has been reported.
SSP chases expansion with new marketing hire
SSP has appointed Pam Wilde as marketing director at SSP.
Post Intelligence – company profile: Lloyds Banking Group
Produced by Post Intelligence in association with Brook Intelligence, this comprehensive company report studies Lloyds Banking Group’s strategy, operations and financial performance.
Simplyhealth confirms new CEO
Simplyhealth has unveiled Romana Abdin as the healthcare provider's new CEO to succeed Des Benjamin.
Lloyds tops FCA insurance complaints table
Lloyds TSB Bank received 312,668 complaints regarding general insurance and pure protection, according to the Financial Conduct Authority’s (FCA) latest figures.
SSP appoints Glennard to client role
SSP has appointed Gary Glennard as head of client programme delivery for Europe.
Chairmen named for incoming FCA practitioner panels
Three new chairmen have been appointed to the Financial Conduct Authority’s (FCA) independent panels.
PPI complaints soar as FOS cites 'unprecedented levels'
Lloyds TSB has topped the list of payment protection insurance (PPI) offenders in the second half of 2012, with 42,195 complaints.
Lloyds fined £4.3m for delayed PPI redress payments
Lloyds Banking Group (LBG) has been fined £4.3m for delayed payment protection insurance (PPI) redress payments.
H&L extends Lloyds TSB and Bank of Scotland deal
Home & Legacy (H&L) has extended its agreement with Lloyds TSB and Bank of Scotland to provide insurance to more of its private banking customers.
Banks' PPI costs could double to £25bn
Banks may be forced to pay £25bn in repayments for payment protection (PPI) mis-selling, according to The Times.
Macquarie decision means less choice for brokers
Bill Cooper, global head of insurance at Lloyds Bank's wholesale banking and markets, has expressed his surprise at the decision of Macquarie Bank to pull out of UK broker lending.
RBS pumps another £125m into PPI compensation fund
RBS is set to follow Lloyds Bank’s example and put more money into its payment protection insurance (PPI) compensation fund, according to reports.
Lloyd's puts another £375m towards PPI provision
Lloyd’s Banking Group has set aside a further £375m to cover claims from customers who were mis-sold payment protection insurance (PPI).
General insurance tops regulator's complaints table
General insurance is the most complained about financial service according to the latest complaints data published by the Financial Services Authority (FSA).
FOS reveals PPI complaints halved in H2 2011
The Financial Ombudsman Service (FOS) received a total of 106,193 complaints between 1 July and 31 December 2011, and figures show that Barclays Bank was by far the biggest culprit in terms of payment protection insurance (PPI) complaints.
Lloyds Bank losses hit £3.5bn after PPI mis-selling
Lloyds Bank has confirmed that it made a loss of £3.54bn in 2011 the vast majority of which it attributed to the mis-selling of payment protection insurance (PPI).
RSA appoints CFO from Aspen
RSA has appointed Richard Houghton to the role of group chief financial officer with effect from early June 2012.
Barclays' general insurance complaints double
Barclays has reported an increase in general insurance complaints, from 59,003 in the second half of 2010 to 122,992 in the second half of 2011.
Lloyds Bank claws back directors' bonuses due to PPI scandal
Lloyds Banking Group is to strip five directors of their bonuses, totalling over £1m, as a penalty for their role in the payment protection insurance (PPI) mis-selling scandal, the Daily Telegraph has reported.
Towergate goes for change with latest appointment
Towergate Insurance has appointed a group change director tasked with delivering the business’ key strategic priorities.
FOS names and shames PPI providers
The Financial Ombudsman Service (FOS) has named the providers of payment protection insurance (PPI) cases as it announced that complaints more than doubled to 98,632 in the first six months of 2011 compared to the second half of 2010.
New aggregator looks to Zurich for commercial director
Mike Quinton has taken on the role of commercial director for a new price comparison site due to be launched next year.
HSBC to miss PPI deadline
HSBC has confirmed it will miss the deadline imposed by the Financial Services Authority (FSA) to deal with the backlog of Payment Protection Insurance (PPI) complaints by 31 August 2011.