Lloyds Bank reports 26% drop in profits due to PPI fine Lloyds Banking Group has revealed that annual profits slumped by more than a quarter after it was hit by a #2.5 billion bill for the … Business • 20 Feb 20
Lloyds warns PPI could cost it an extra £1.8 billion Lloyds Banking Group will make extra provisions for payment protection insurance (PPI) claims of between £1.2-1.8 billion in its third quarter results and is suspending … Business • 09 Sep 19
RBS makes fresh £600-900m provision for PPI claims Royal Bank of Scotland could have to shell out a further £900m to settle a final compensation bill for mis-selling payment protection insurance after a … Business • 04 Sep 19
Lloyds Banking Group posts 24% jump in annual profits Lloyds Banking Group has hailed a "landmark year" as it posted a 24% surge in profits and unveiled plans to invest more than £3 billion … Business • 21 Feb 18
UK finance watchdog sets deadline for PPI claims The UK financial watchdog has said consumers will have until August 29, 2019 to make a claim that they were mis-sold debt repayment insurance. Business • 02 Mar 17
Barclays posts bumper third quarter pretax profits Barclays today posted a forecast-beating bounce in third quarter profits to £1.7 billion, as it followed US peers in reporting a bumper quarter for its … Business • 27 Oct 16
Lloyds sets aside £1 billion more for PPI claims Lloyds Banking Group has set aside another £1 billion to meet compensation claims for the mis-selling of payment protection insurance (PPI). Business • 26 Oct 16
RBS profit hit by £2.5 billion in extra provisions Royal Bank of Scotland, which owns Ulster Bank here, said today it would take a surprise £2.5 billion hit to its fourth-quarter profits. Business • 27 Jan 16
Lloyds to be fined £100m over PPI - report Britain's financial regulator will fine Lloyds Banking Group more than £100m for failings in the way it handled complaints about mis-sold loan insurance, sources familiar … Business • 04 Jun 15
UK banks years away from end to mis-selling issue Britain's banks will be paying out compensation to customers mis-sold loan insurance for years to come, the UK's chief financial ombudsman said. Business • 06 Jan 15
Complaints against British banks fall 42% The number of complaints against British banks fell by nearly 42% in the first half of 2014, the UK's Financial Ombudsman Service said today. Business • 02 Sep 14
UK banks' PPI mis-selling bill tops £22 billion National Australia Bank said today it was putting more money aside to deal with the mis-selling of loan insurance in Britain. Business • 18 Aug 14
€67m refunded by banks over mis-sold PPI policies Over €67m has been refunded to around 77,000 consumers who were sold Payment Protection Insurance by 11 credit institutions since 2007. Business • 07 Mar 14
Lloyds Bank disappoints on dividend Lloyds Banking Group has set aside another £1.8 billion sterling to cover compensation for the mis-selling of payment protection insurance. Business • 03 Feb 14
Lloyds' Q3 profit up, but takes another PPI hit Lloyds Banking Group's underlying profit almost doubled in the latest quarter thanks to an improved interest margin and lower costs. Business • 29 Oct 13
Lloyds says recovery plan ahead of target Lloyds Banking Group accelerated its turnaround campaign and flagged a revival of payouts to shareholders today. Business • 01 Aug 13
Lloyds fined £4.3m over PPI payouts Lloyds Banking Group was fined £4.3m sterling by the London City watchdog today after up to 140,000 customers had their payment protection insurance compensation payments … Business • 19 Feb 13
Barclays bosses avoid Qatar questions Barclays bosses ducked questions at a UK parliamentary inquiry over funding for its rescue by Qatar four years ago, as another big charge for mis-selling … Business • 05 Feb 13
Barclays PPI claims bill hits £2 billion The bill for mis-sold payment protection insurance at Barclays soared to £2 billion sterling today as claims against the banking giant continue to pile up. Business • 18 Oct 12
Central Bank probes six banks on PPI policies The Central Bank has named six banks that it is investigating for wrongly selling insurance products to thousands of customers. Business • 08 Oct 12
Banks probed over mis-selling insurance products The Central Bank has named six banks that it is investigating for wrongly selling insurance products to thousands of customers. News • 08 Oct 12
Central Bank considers enforcement action on PPI The latest Central Bank inspection has raised some concerns in relation to the sale of payment protection insurance. Business • 02 Jul 12
