Lloyds Banking Group reported a 13% increase in annual profits as it delivered a bumper pay-out for shareholders and said it will meet cost targets earlier than expected.
Barclays is set to reveal a steep fall in annual profits on Thursday, adding to the banking giant’s headaches as it comes under pressure from an activist investor.
Lloyds Banking Group has tapped Morgan Stanley investment banker William Chalmers to be its next chief financial officer.
Banking giant Lloyds has apologised after customers were locked out of their accounts and were unable to access online services.
The Post Office has admitted it makes no profit from its agreement to provide high street banking services and is negotiating the deal with lenders.
Lloyds Banking Group’s boss has refused to rule out further job cuts as the lender overhauls its IT systems.
Customers of ALL banks urged to check accounts after glitch sees folk charged twice for card transactions
Customers of all UK banks are being urged to check their statements after thousands of people were charged twice for debit card payments.
The Carnoustie branch of Bank of Scotland is to close as part of cost-cutting measures from the Lloyds Banking Group.
Staff at a Dundee call centre have started receiving notices of compulsory redundancy ahead of its closure on December 8.
A union boss says a “significant” number of staff facing losing their jobs at a city bank are prepared to relocate before Christmas.
Dundee business chiefs have insisted the axing of 252 call centre jobs was not a reflection of the city’s economy.
The value of money has fallen by 96% in the past 60 years, according to new research from Lloyds Private Banking.
Residents and businesses in Lochee are demanding urgent action to stop their high street from becoming a ghost town.