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.
Banks bailed out by the taxpayer during the financial crisis are telling investors they can avoid tax charges by investing in their in-house funds, a BBC Panorama investigation alleges.
Perspective Financial Group has secured a multi-million pound loan from Lloyds TSB Corporate Markets, boosting its acquisition funds beyond £12.5m.
US stocks pushed ahead in early trading on Tuesday after a report showed a revival in manufacturing activity in August following a year and a half of contraction.
Firmer commodity prices lifted mining stocks and led the FTSE higher on Friday following two sessions of losses.
The UK life insurance sector still faces a tough future as sales slump across the board, but there are signs the bottom is in sight.
Lloyds Banking Group retained the top mortgage lender spot last year with a 30.3% share of the market, compared to 28.2% in 2007, Council of Mortgage Lenders figures show.
An elderly war widow has won a stunning victory against Lloyds TSB after she was advised to gamble her life savings on the stock market.