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The Latest Breaking News from Lloyds Banking Group

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

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

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

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

Promotion comes as Philip Grant retires after 40 years' service

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

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

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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

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

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

Evening Standard

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

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

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

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

Manchester Evening News

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

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.

The Independent UK

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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

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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.

Lloyds profits fall as it sets aside £377m for loan defaults over living costs

Hal-year results also reveal that customers are ditching subscription services in the face of rising inflation

The Guardian - UK

Lloyds lays bare impact of soaring inflation on everyday customers

Families spending on average £89 more a month on energy, food and fuel than before pandemic, says bank

Evening Standard

FTSE 100 Live: Fed rates rise, Lloyds and GSK lift 2022 guidance

The US Federal Reserve has increased benchmark borrowing costs by 0.75% for the second time in a row, in the latest sign of the stronger measures being taken by central banks to try and tame runaway inflation.

Manchester Evening News

Lloyds and Halifax to shut 66 branches - full list of closures

The closures will take place between October 2022 and February 2023

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