News | Latest Breaking News Stories & Headlines

Britain's biggest domestic bank reported pretax profits of 3.7 billion pounds for the six months to June

Lloyds Bank lifts outlook and dividend

Lloyds Banking Group has hiked its dividend and full-year profitability forecast despite lower first-half earnings and a murky outlook for the UK economy, as rising interest rates outpace modest growth in provisions for troubled loans.

Business • 27 Jul 22

A survey of over 100 banks, asset managers and insurers shows that more than two-thirds believe that London will remain a top centre

Banks expect London to remain a top financial centre

London will remain a leading global financial centre despite uncertainty over regulation due to Brexit, Lloyds Bank's annual sentiment survey of financial firms showed today.

Business • 13 Sep 21

The Lloyds fine is the largest imposed by the UK watchdog for mortgage related failures

Lloyds fined £64m for overcharging mortgage customers

The UK Financial Conduct Authority has fined Lloyds Bank £64m for failures in handling hundreds of thousands of mortgage customers in difficulties or arrears.

Business • 11 Jun 20

Lloyds Bank is said to be is seeking a licence in Luxembourg to ensure continuity of service for customers based in the EU

Lloyds Bank to locate third EU subsidiary in Luxembourg

Lloyds Bank is looking to set up a third European Union subsidiary in Luxembourg to serve longstanding life insurance customers after Britain quits the bloc, a source told Reuters.

Business • 20 Sep 18

Lloyds Bank is subject to an investigation into the manipulation of global currency markets

Lloyds head of foreign exchange trading quits post

Lloyds Bank's head of foreign exchange spot trading has left the bank, citing personal reasons unrelated to the investigation into manipulation of the global currency market, sources have said.

Business • 15 Apr 14

UK government's holding in Lloyds bank falls from 32.7% to 24.9%

Britain sells 7.8% of Lloyds bank for £4.2 billion

Britain has sold an extra 7.8% stake in state-rescued Lloyds Banking Group for £4.2 billion, it said today.

Business • 26 Mar 14

Matthew Elderfield has been deputy governor at the Central Bank since 2010

Elderfield in talks over Lloyds role - report

Lloyds Banking Group is reported to be in talks to hire Matthew Elderfield, who last week announced he is to leave his role as the Central Bank’s deputy governor.

Business • 18 Apr 13

Lloyds Bank