Lloyds Banking Group is preparing to compensate more than 7,000 customers who were mis-sold supposedly low-risk structured products, according to The Times.
The bank's trade union told the paper Lloyds is writing to 7,250 customers of the bank and investment arm Scottish Widows, who were mis-sold structured products. These included the Acorn Market Linked...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November