PYMNTS

DECEMBER 22, 2019

Lloyds’ Managing Director Jo Harris told the HBOS Reading fraud victims in an email that it had pursued the measure to address concerns brought to Lloyds’ CEO António Horta-Osório over “the additional delay” from a new review, Financial Times reported. USD) payout to 191 fraud victims.

Fraud 130

Fraud Groups Report Management 130

PYMNTS

DECEMBER 5, 2017

That criticism heightened after the Financial Reporting Council decided to clear KPMG — one of the nation’s Big Four auditors — of wrongdoing after probing KMPG’s conduct in working with failed lender HBOS. The HBOS collapse has led to other scandals in the U.K.’s The HBOS collapse has led to other scandals in the U.K.’s

Report 100

Report Marketing Company Payments 100

PYMNTS

MARCH 22, 2017

Lloyds moved closer with possible plans to compensate small businesses affected by the HBOS bribery scandal. His appointment follows weeks after six people were jailed last month for their participation in the HBOS scandal, in which employees of the bank created a turnaround consultancy and imposed fees and debts on SMEs.

Groups 100

Groups Report Industry Payments 100

PYMNTS

MAY 21, 2018

A group of 11 business executives in the U.K. Already, however, the panel itself is facing criticism, with some arguing that business executives are “too close to the establishment,” the publication stated, questioning whether the panel will made drastic changes to the watchdog that some argue are needed.

Report 100

Report Groups Regulation Marketing 100

PYMNTS

JUNE 14, 2018

Reports in Reuters on Wednesday (June 13) said the FCA aims to conclude its investigation at the end of July as it probes RBS’ Global Restructuring Group, which is accused of mistreating small businesses and forcing some into bankruptcy. “We are going through extensive amounts of evidential material.”

Groups 100

Groups Regulation Report US 100

Chris Skinner

MAY 14, 2017

This week’s main blog headlines are … The legacy clock is ticking Further to my recent trip to Pakistan Business Recorder (their version of The Financial Times) interviewed me in depth about what is happening in FinTech.

Bitcoin 171

Bitcoin Fintech Maine Fraud 171

PYMNTS

APRIL 18, 2018

Former finance ministry official John Kingman, who now serves as the chairman of Legal & General, will lead the review, according to business minister Greg Clark. It also faced backlash after clearing auditing giant KPMG of any wrongdoing after the auditor gave HBOS a “clean bill of health” a few months before its 2008 collapse.

Regulation 101

Regulation Report Meeting Strategy 101

PYMNTS

MARCH 13, 2018

The inspections targeted businesses with complex accounting needs or those with risky situations, like merger and acquisition activity. auditing giant KPMG faced backlash for its failure to spot financial troubles at HBOS ahead of its collapse during the financial crisis. Among those failures: Carillion , the now-defunct U.K.

Regulation 110

Regulation Industry Report Data 110

FICO

JANUARY 19, 2023

The combination of events prompted unprecedented levels of financial support being provided by governments around the world to both individuals and businesses to enable them to survive the economic consequences. Every individual and business are different, with their own personal inflation level based upon respective spending and debt levels.

Lending 52

Lending Strategy Analytics Data 52

TheGuardian

JANUARY 3, 2024

Five- and 10-year fixed-rate remortgage offers announced as lenders big and small reduce rates HSBC has become the latest big UK lender to announce across-the-board mortgage interest rate cuts, with leading names announcing reductions of up to one percentage point.

100

100

TheGuardian

JUNE 13, 2022

HBOS, now part of Lloyds Banking Group, was involved in major fraud at its Reading branch in early 2000s Victims of one of Britain’s biggest banking frauds will each be offered £3m compensation packages, according to a source familiar with the proposed deal expected to be announced later this week.

Fraud 98

Fraud Groups 98

TheGuardian

NOVEMBER 20, 2021

Returns cut from 1.45% on balances up to £5,000 despite expected rise in Bank of England base rate Halifax has cut the interest rate it pays on its Kids’ Saver account, despite expectations of an imminent increase in the Bank of England base rate. Savers into the account will have their returns cut from 1.45% to 1% on savings up to £5,000.

73

73

TheGuardian

OCTOBER 29, 2020

Lending rose £3.5bn in Q3 after bank processes highest number of applications since 2008 The UK’s largest mortgage lender, Lloyds Banking Group, has reported stronger-than-expected profits after cashing in on a surge in demand for home loans.

Lending 65

Lending Groups Marketing Report 65

Chris Skinner

FEBRUARY 2, 2017

Things we’re reading today include … City fears German raid on Carsten Kengeter’s office could hit Deutsche-LSE merger Worldpay hires Santander exec as new UK boss Ex-HBOS banker ‘sold his soul for swag’ Deutsche Bank results hit by legal costs Trump effect ‘has been good for UK’ says central banker Moody’s (..)

Study 150

Study US 150

Chris Skinner

MARCH 20, 2017

The post Things worth reading: 21st March 2017 appeared first on Chris Skinner's blog.

Security 177

Security Marketing 177