Lloyds Said to Maintain 2000-Pound Cash Bonus Restriction.
Although the bank’s profitability has improved in the past year, it agreed to take about 30 million pounds out of the pot in June after it was fined a record 117 million pounds over its handling of complaints linked to payment Lloyds Said to Maintain 2000-Pound Cash Bonus Restriction – Bloomberg
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According to the BBC, a FCA inquiry into banking practices has been shelved by the FCA
Banking culture inquiry shelved by regulator FCA – BBC News A time limit is being proposed on compensation claims for those mis-sold payment protection insurance (PPI) – a scandal that has seen the banks haemorrhage £25bn to date and the bank levy, a charge on UK banks worldwide assets was replaced with a …
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