5 stories found
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.
Customers of Lloyds, Bank of Scotland, and Halifax reported a technical glitch where their banking apps displayed transactions and charges belonging to other users.
An IT glitch at Lloyds Banking Group exposed the personal data, including payments, account details, and national insurance numbers, of nearly 500,000 customers, prompting an apology from the bank and confirmation of some compensation payments.
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...
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.