Regulators hit Lloyds group with £218m fine for fees and rates manipulation
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...
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