Lloyds is heavily exposed to the car finance scandal through its Black ... 2.0 – following the misselling of payment protection insurance which led to banks paying out £50billion in redress.

Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling ... scandal around payment protection insurance (PPI) a decade ago eventually cost ...

Lloyds Banking Group ... £50billion payment protection insurance (PPI) debacle a decade ago. It has even been dubbed ‘PPI on wheels’. Lloyds, which owns car-loan business Black Horse, could ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lloyds Banking Group has set aside an additional £700mn to cover the fallout from a probe and related ...

It may have been anticipated that setting aside hundreds of millions of pounds more to cover for car insurance mis-selling may have dented investor confidence in Lloyds Banking Group. But the ...

Lloyds Banking Group has announced it is putting aside an additional £700 million for potential car finance compensation payments. The money, which will knock the famous bank's profits for the ...

Lloyds profits sank below forecasts last year as the British banking giant braces itself for the financial fallout of the car finance commissions ... payment protection insurance rip-off banking ...

Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling scandal to £ ... A previous mis-selling scandal around payment protection insurance (PPI) a ...