Lloyds Banking Group

Neptune founder and managing director Robin Geffen says the group will be avoiding Lloyds and RBS, labeling yesterday's rights issue announcements a "rescue operation".

Insight Investments has announced around 120 jobs will be lost by March 2010, following the migration of its assets to SWIP and BNY Mellon.

In September the Financial Ombudsman Service (FOS) published company specific complaints data for the first time while the ABI has published company aggregated data.

Rathbones has agreed to acquire up to £1.27bn in private client funds from Lloyds Banking Group for a cash consideration expected to be about £35.4m.

Lloyds Banking Group will sell its Halifax estate agency to LSL Property Services for just £1, with a loss of 460 jobs, reports the BBC.

The multibillion-pound self-certification mortgage industry, in which customers are not required to provide proof of income, is set to be banned by the financial regulator.

Lloyds Banking Group has submitted new plans to the FSA in a bid to cut its participation in the government-backed toxic debt insurance scheme.

The European Commission wants Royal Bank of Scotland to sacrifice up to 10 per cent of its small business customers as the penalty for receiving billions of pounds in state aid.

Economic recovery in Britain will be slowed down by a possible credit shortfall of £180bn next year caused by the weakness of the banking sector and the state budget deficit, the International Monetary Fund (IMF) warned today.

Jersey's Government has refuted claims the actions of one Lloyds offshore banker exposed on a BBC Panorama programme are representative of practices on the island.