Lloyds Banking Group has confirmed its plan to scrap the Halifax brand, which has been in existence for 173 years.

Lloyds Banking Group has announced plans to recruit 300 technology experts to work on artificial intelligence initiatives, though the bank acknowledges broader AI adoption could lead to future job cuts.

Lloyds is reportedly planning a Significant Risk Transfer (SRT) deal linked to $4.2 billion worth of loans provided to smaller firms.

Lloyds, Halifax, Bank of Scotland, and POP Pankki have all confirmed that their online banking services are back up and running after experiencing outages.

Lloyds Bank is expected to relinquish its position as the UK's largest branch network to a rival bank. This shift comes as in-person banking reportedly regains popularity among customers.

Lloyds Banking Group is reviewing its branding strategy, which could lead to the disappearance of the 174-year-old Halifax brand from UK high streets as early as July 1.

Lloyds Bank announced a new mortgage product designed to assist first-time buyers, potentially reducing the time needed to save for a deposit by years.

A new report has revealed the five high street banks in the UK that have received the highest number of customer complaints, with Lloyds stating their commitment to "getting things right."

Lloyds Bank has reported a one-third increase in earnings, but its new economic forecasts indicate a worsening UK economic outlook, citing potential "stagflationary consequences" stemming from the war in the Middle East.

JPMorgan has increased its price target for Lloyds Banking Group (LYG) shares to 121 GBp.

Lloyds Bank has announced its intention to utilize an AI tool during its board meetings to enhance operations.

Lloyds Bank is reportedly facing an $87.9 million lawsuit concerning allegations of mis-sold car loans.

A committee has reported that an IT glitch at Lloyds bank affected nearly half a million customers, exposing their transaction data.

One customer said she was able to see the transactions of six different users over a 20-minute period

UK companies such as Lloyds, Shell and Rolls-Royce featured heavily in Isa portfolios whose value topped £1mn last year

Lloyds is reportedly planning to enhance its data commercialisation efforts and automate governance processes, according to a new report.

Lloyds Bank has unveiled a new pay policy designed to more closely link executive compensation to the bank's financial performance, potentially allowing the CEO to receive a £17.7 million payout.

Lloyds Bank's boss has acknowledged concerns regarding the bank's use of staff spending habits data during pay talks, drawing criticism for comparing employees' financial behavior to the wider public.

Barclays chief collected £15mn last year, with Lloyds and NatWest leaders pocketing £7.4mn and £6.6mn respectively

Lloyds Banking Group has announced that the Halifax brand will be discontinued after 173 years, though the company assures its commitment to the town of Halifax and minimal changes for customers.

Lloyds Bank has announced its 2030 strategy, which will specifically target growth in wealth management and workplace pensions.

Lloyds has introduced its new 'Lloyds Rewards' in-app hub, designed to replace its previous 'Everyday Offers' program and enhance customer benefits.

UK-based bank Lloyds is set to integrate and offer Stripe's payment processing software to its business customers, enhancing their digital payment capabilities.

Users of banking apps for Lloyds, Halifax, and Bank of Scotland have reported a widespread outage, affecting their ability to access services.

Lloyds Banking Group has declined to comment on recent rumors suggesting a potential phase-out of its Halifax brand.

Lloyds Banking Group is reportedly considering a major shake-up that could lead to the Halifax brand, established 173 years ago, vanishing from high streets.

Lloyds has issued a warning about a 36% increase in football ticket scams and crypto fan token fraud, urging fans to be cautious ahead of the 2026 World Cup.

An analysis is underway to assess the progress and effectiveness of Lloyds Banking Group PLC's strategic plan concerning its other income streams.

Lloyds Bank announced a £151 million financial impact from the economic fallout of the Middle East conflict and projected an increase in unemployment rates across the UK.

More than 500,000 Lloyds and Halifax customers may have been impacted by a banking glitch, with over 6,000 individuals having already received payments as a result.

Lloyds, Britain’s largest provider of vehicle loans, has decided not to pursue legal action against the UK's £9 billion car finance redress scheme, aiming to resolve the sector's scandal.

Lloyds has renewed its agreement with Behavox for the provision of a data platform.

UK lawmakers are questioning Lloyds Bank regarding an account glitch that reportedly exposed customers' personal details.

Customers of Lloyds, Bank of Scotland, and Halifax reported a technical glitch where their banking apps displayed transactions belonging to other users, prompting Lloyds Banking Group to confirm an investigation into the issue.

Lloyds Bank in Britain has issued an apology after a technical glitch allowed some customers to view the transaction histories of other account holders.

High street lender Lloyds Bank is reportedly striving to become the 'UK's biggest fintech' by increasing the sale of customer data, as internal documents reveal plans to reduce technology costs by 35% this year.

CEO Charlie Nunn tells employees that issue ‘created some concern’ but insisted ‘we definitely have listened to it’

The bank was criticised for comparing employees' spending habits to the wider public as part of wage negotiations.

Lloyds Banking Group has announced that the Halifax brand will be scrapped after 173 years, though the company assures customers that very little will change and it remains committed to the town of Halifax.

UK business owners are moving beyond a 15-year cycle of economic survival to invest in strategic, long-term growth, according to a discussion with Lloyds' Head of Commercial Lending.

Lloyds Bank successfully raised ¥75 billion through Japan's growing samurai bond market, indicating strong investor interest in the region.

Lloyds Banking Group has issued an apology after an IT update caused widespread problems, preventing thousands of customers from making payments or sending money via its Lloyds, Halifax, and Bank of Scotland apps.

Residents of Halifax, UK, are expressing concern and dismay over potential changes by Lloyds that could threaten the historic Halifax bank brand, which has been associated with the town since 1853.

Annabel Yates reports facing a 94-mile round trip to deposit a £900 HMRC cheque, citing recent changes at Lloyds Bank that have made local banking difficult.

UBS has upgraded its rating for Lloyds Banking Group (LYG) to 'Buy'. This change reflects a positive outlook from the financial institution on Lloyds' stock performance.

The Bank of Lithuania has granted permission for the UK's Lloyds Bank and Lloyds Banking Group to indirectly acquire Curve Europe, a Lithuanian electronic money institution. This acquisition marks a significant move for the UK financial group.

UK bank Lloyds has reported a 33% increase in profits, primarily driven by higher interest rates which boosted its income, with no further funds set aside for motor finance mis-selling redress.

Lloyds Bank has confirmed that a significant IT glitch may have exposed the transactions of an additional 80,500 customers, with the bank having already paid £201,000 to 5,250 individuals and an extra £62,000 in goodwill payments.

Lloyds has announced the appointment of a new chief data and AI officer, signaling a focus on data and artificial intelligence within the company.

Lloyds Banking Group is facing an 'omnibus' lawsuit totaling £66 million from 30,000 consumers regarding car finance, just days before the regulator is set to release details of a mis-selling redress scheme. A law firm is preparing the claim on behalf of these customers who fear the FCA’s redress scheme will shortchange them, leading to a court battle.

Lloyds Bank has disclosed an IT glitch that affected almost 500,000 customers, with the bank apologizing and confirming some compensation has been paid.

The maritime data company has reported that nine ships have exited through Iran’s corridor in Strait of Hormuz; reliable sources in India, meanwhile, said that with the situation in West Asia…

UK lawmakers are questioning Lloyds Bank regarding an account glitch that reportedly exposed customers' personal details, raising concerns about data security and privacy.

Customers of Lloyds, Bank of Scotland, and Halifax reported a technical glitch where their banking apps displayed transactions and charges belonging to other users.

Lloyds Bank experienced an IT glitch that allowed some customers to view other users' information, an issue the lender states was 'quickly resolved' and is now under investigation.

Lloyds Bank is reportedly transitioning its account opening process to be entirely online, streamlining the customer experience.

CEO Charlie Nunn tells staff that issue ‘created some concern’ but insisted ‘we definitely have listened to it’ Business live – latest updates The boss of Lloyds Banking Group has told staff that it is investigating a controversial decision to use employee bank account data during pay talks with unions last year. In a town hall meeting open to the bank’s 64,000 staff at the start of February, Charlie Nunn conceded that the move “obviously has created some concern” but tried to assure workers that “we definitely have listened to it”. Continue reading...

The CEO of Lloyds Bank has acknowledged concerns regarding the bank's use of employees' spending habits in pay talks, which drew criticism.