So much for a turnaround! Another PPI bill for Lloyds as announces £1.1 billion extra cash for compensation



Lloyds has set aside another £1.1bn for PPI mis-selling victims, taking its total bill to a huge £18.1bn.
It is the 17th time the lender has announced extra cash for compensation.
The costs cast a shadow over the bank’s first financial results since it returned to private hands in May, following a £20.3bn bailout during the financial crisis.
 A list of woes saw the bank take a hit of £1.6bn for bad behaviour in the first half of 2017. It also announced a new £283m scheme to compensate 590,000 customers who fell behind on their mortgage payments and were wrongly overcharged.
Another £100m is... read more

 
28 July 2017 in Business, Views: 73
Source: Daily Mail
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
                1
    2 3 4 5 6 7 8
    9 10 11 12 13 14 15
    16 17 18 19 20 21 22
    23 24 25 26 27 28 29
    30 31