Lloyds Banking Group

HIGH STREET BANK Abbey has admitted a problem with its business banking service has resulted in some customers' online payments going to the wrong people, says The Guardian .

At least one in five students will live at home when they start university later this year in order to relieve money worries, suggests research.

IFA NETWORK owner Misys is parting company with the head of its banking systems, Ivan Martin, "by mutual agreement" - three months after issuing a shock profits warning that sent its shares tumbling and enraged its investors, according to The Times ....

LLOYDS TSB said it would set aside an additional £300m provision this year to partially cover the cost of paying compensation for endowment mis-selling, reports the Times .

Lloyds TSB is expanding its Islamic mortgage offering to four further branches in Slough, Walthamstow, Stevenage and Barkingside.

Less than 10% of wealthy UK adults are convinced the State will be able to provide them with enough cash to live through retirement, new research indicates.

Lloyd TSB has announced it is putting aside additional funds to manage bad debt in the second half of 2005.

The Scottish Executive has unveiled a joint initiative between the government and industry to assess how to boost Scotland's position as a key financial services centre.

ABBEY is still struggling to clear its backlog of Isa savers who wish to transfer their cash Isas to the bank before Christmas and may not clear the 25,000 customers, says the Times .

The Financial Services Authority has fined Capita Trust Company £300,000 and agreed £3.5m in compensation for mis-selling precipice bonds after buying the business from Royal & SunAlliance in 2001.