Lloyds Banking Group has been fined a total of £218m by UK and US authorities for a series of failings, including manipulating fees it owed to the Bank of England (BoE) for a taxpayer-backed scheme designed to support the UK's banks during the financial crisis.
The Financial Conduct Authority (FCA) has fined Lloyds Bank and the Bank of Scotland, both part of Lloyds Banking Group, £105m for serious misconduct relating to the Special Liquidity Scheme (SLS), the...
Concerns surrounding risk management
Kept details private
More than 4,500 retail investors affected
Ahead of December deadline
Advisers should reconsider process
The Pro Adviser Podcast
Following Bailey's BoE role