(Alliance News) - The Financial Conduct Authority on Tuesday said UK car finance mis-selling will cost banks around GBP8.2 billion, lower than it had previously forecast. Read More
(Alliance News) - Some of the UK's biggest banks contributed billions of pounds to oil and gas financing last year, while just two were found to meet high ethical standards, analysis by a consumer group has revealed. Read More
(Alliance News) - Lloyds Banking Group PLC is set to scrap its wealth management tie-up with Schroders PLC and take control of the unit amid efforts to sharpen its focus on more affluent customers. Read More
(Alliance News) - Merchants Trust PLC on Monday said that macroeconomic predictions are fraught with uncertainty, citing US trade policy, conflicts in Ukraine and Gaza amid advances in artificial intelligence and automation. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed mixed on Friday, following a week of interest rate decisions that mostly went as expected, and after a much-anticipated phone conversation between US President Donald Trump and China's President Xi Jinping. Read More
(Alliance News) - Broadcom Inc on Wednesday said it has inked a new long-term agreement with Edinburgh-based Lloyds Banking Group PLC, as it looks to upgrade the lender's digital infrastructure. Read More
(Alliance News) - Up to 30 million car finance deals made between 2007 and 2020 could be eligible for compensation, the head of the UK's financial watchdog has said. Read More
(Alliance News) - Lloyds Banking Group PLC is nearing a deal to buy digital wallet technology provider Curve for around GBP120 million, Sky News reported on Sunday. Read More
(Alliance News) - The chief executive of the UK Financial Conduct Authority, FCA, has said the body recognises the record keeping challenge for some firms that could be involved in a potential motor finance redress scheme. Read More
(Alliance News) - Lloyds Banking Group PLC is set to put thousands of its lowest-performing staff at risk of dismissal as the UK bank overhauls its strategy in a bid to embed a "high-performance culture". Read More
(Alliance News) - The FTSE 100 ended Friday on the back foot as banking stocks came under pressure amid reports that the UK government is considering a windfall tax on the sector. Read More
(Alliance News) - Stock prices in Europe were lower at midday on Friday, in nervy trade before US data, while chatter about a windfall tax weighed on banking shares in London. Read More
(Alliance News) - Banking stocks in London were hit on Friday by reports that UK Chancellor Rachel Reeves could target the sector to help shore up public finances. Read More
(Alliance News) - Stock prices in London opened lower on Friday, as bank stocks suffered after a think tank raised the possibility of a new windfall tax on their profits. Read More