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.

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

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.

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.