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LLOY News - Lloyds fined £91mln over insurance renewals

Lloyds Banking Group PLC has been fined £91mln for issuing misleading insurance renewal claims and offering loyalty discounts that were never intended to be applied. The FCA, Bri ...

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Britain's Lloyds fined $125 million for misleading insurance customers

The Financial Conduct Authority said several of Lloyds (LON:LLOY)' insurance units sent renewal notices to millions of customers while failing to ensure the language was clear, fair and not misleading ...

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Lloyds Bank becomes residential landlord as Citra Living opens its doors

Lloyds Banking Group PLC is becoming a private landlord and said it wants to acquire more than 1,000 residential properties by the end of next year. The bank expects to have its f ...

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Credit Suisse to realign strategy this year, chairman says

Credit Suisse (SIX: CSGN) expects to decide on a new strategy by the end of the year, Chairman Antonio Horta-Osorio said in his first interview since assuming the role at the troubled lender. Credit ...

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GBP falls as BoE unchanged, FTSE 100 flies above 7,100

FTSE 100 closing price of 7111.68, +0.53%; Bank of England keeps rates, QE unchanged, sees inflation spike as transitory; GBP falls following decision, gilts jump; FTS ...

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