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The Latest Breaking News from Lloyds Banking Group

NatWest and Lloyds to axe a further 81 bank branches

Banks say customers are rejecting traditional counter services in favour of online banking

The Guardian - UK

Co-founder of bereavement tech firm wins prize after impressing banking bosses

Co-founder of bereavement tech firm wins prize after impressing banking bosses

Settld convinced judges in the 'Grow with Purpose’ competition

Birmingham Post

Banking giants asked to explain why some savings rates remain so low

Banking giants asked to explain why some savings rates remain so low

The Treasury Committee is asking major banks for a breakdown of the revenue and profits generated from their savings products.

The Independent UK

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FTSE 100 Live: Lloyds posts annual results, Rio Tinto cuts dividend

Lloyds Banking Group today revealed unchanged annual profits of £6.9 billion as the lender benefited from a year of rising interest rates.

Evening Standard

Bosses of major banks defend branch closures to MPs

Chief executives from NatWest Group, Barclays UK, HSBC UK and Lloyds Banking Group appeared before the Treasury Committee.

The Independent UK

Hampden & Co makes two c-suite appointments

New chief risk officer and general counsel poached from Lloyds and Aegon, respectively

Barclays announces closure of 15 branches across UK - see if your bank is affected

The 15 branch closures from Barclays comes days after NatWest said it is closing 23 branches, and over a week since Lloyds Banking Group said it is shutting 40 Halifax and Lloyds sites

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Bank issues urgent scam payment warning after new surge in people being asked for money upfront

Bank issues urgent scam payment warning after new surge in people being asked for money upfront

The number of ‘advance fee’ frauds reported to Lloyds Banking Group has jumped by 82% in the last 12 months.

Lloyds Banking Group appoints pensions expert as Scottish chair

Lloyds Banking Group appoints pensions expert as Scottish chair

Promotion comes as Philip Grant retires after 40 years' service

All the Halifax and Lloyds branches set to close - including two in Greater Manchester

All the Halifax and Lloyds branches set to close - including two in Greater Manchester

18 Halifax sites and 22 Lloyds branches will close over the coming months

Manchester Evening News

Halifax and Lloyds to close 40 banks including two in North East - see full list here

Halifax and Lloyds to close 40 banks including two in North East - see full list here

Lloyds Banking Group, which owns both high street banks, said the branches to be closed have seen the number of visits drop by about 60% in the last five years

Lloyds and Halifax to close 40 bank branches in England and Wales

Lloyds and Halifax to close 40 bank branches in England and Wales

Full list of site closures, which will start in April and carry on through into June this year

The Guardian - UK

Lloyds and Halifax to shut 40 more banks this year - see full list of branches

Lloyds and Halifax to shut 40 more banks this year - see full list of branches

Lloyds Banking Group, which owns both banks, will shut 22 Lloyds branches and 18 Halifax sites - see the full list of affected towns and cities below

Full list of Halifax and Lloyds bank branches closing - and when they will shut

Full list of Halifax and Lloyds bank branches closing - and when they will shut

Lloyds Banking Group, which owns both high street banks, is to close 18 Halifax sites and 22 Lloyds branches

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Evening Standard

Warning to Lloyds, BoS and Halifax customers over changes to service

Customers could reportedly be divided into tiers by Lloyds Banking Group based on how profitable they are, which could affect the level of service they receive

Warning issued to 10 million Lloyds and Halifax customers over change to services

Huge changes at Lloyds Banking Group would reportedly see customers split into a tier system based on how much profit they generate - this would then reflect into the service they receive

Manchester Evening News

The support available for HSBC, NatWest, RBS, TSB, Barclays and Santander customers struggling during cost-of-living crisis

There are many ways your bank or building society could help if you’re worried about money or bills this year

The Independent UK

Bank surcharge slashed but ‘so-called cut’ means 1% tax rise for sector

Lloyds Banking Group and NatWest saw shares rise by about 1.5% after the Treasury confirmed that the tax on banks’ profits would be cut from April.

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Scottish Widows appoints new chief executive

The appointment follows Antonio Lorenzo’s decision to retire in 2023

Evening Standard

FTSE 100 Live: Amazon shares plunge, gas prices plummet 60%, Euro dips

Amazon’s slide in value and Elon Musk’s Twitter takeover have led to a dramatic few hours in Wall Street’s Big Tech sector.

Benzinga's Top Ratings Upgrades, Downgrades For October 17, 2022

Former shadow chancellor joins TheCityUK chair for Scottish financial services awards

Annual celebration's shortlist highlights the 'strength and diversity' of the sector

The Guardian - UK

The City’s five biggest banker bonuses since 2006

Big paydays for the financial sector could be here again as the chancellor considers abolishing the bonus cap

The Guardian - UK

Abrdn announces pre-tax loss of £320m for first half of 2022

Investment group goes into red amid ‘market turbulence’ and withdrawal of £24bn linked to cancelled Lloyds deal

Evening Standard

Recession fears grow as bad debts jump at Lloyds Bank

FEARS about the UK tumbling into recession grew today when the UK’s biggest domestic bank set aside hundreds of millions of pounds to cover loan defaults.

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