Lloyds Banking Group

Lloyds Banking Group (LBG) has budgeted more than £1m in costs for implementing auto-enrolment to its 107,000-strong staff.

The UK taxpayer may never recoup the £66bn spent on bailing out Royal Bank of Scotland (RBS) and Lloyds Banking Group, MPs have warned.

The Financial Services Authority (FSA) is fighting a proposal by Lloyds Banking Group to pay its first dividend since the government acquired a 43% stake in 2008, according to reports.

CONDENSED

MASS MARKET MISTAKE

Lloyds Banking Group (LBG) is pulling its mass market investment advice service for investors with less than £100,000 to invest.

A former security chief at Lloyds Banking Group has been jailed for five years for submitting false invoices to claim payments from the bank.

Lloyds Banking Group is being investigated by the Financial Services Authority (FSA) over commission payments on its retail product sales, according to the Financial Times.

Lloyds Banking Group has sold off a £1bn portfolio of private equity investments as part of its plan to offload non-essential holdings.

Jessica Harper, a former head of online security at Lloyds Banking Group, has admitted carrying out a £2.5m fraud.