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2025 › October › 13

FCA

9 months ago

Lloyds blasts FCA over car loans bill: Bank launches fightback after admitting scandal has left it facing £2bn hit ⊖⊖

found 2025 › Oct › 13 (Mon) @ 22:50 UTC

a story from The Daily Mail 💩 › The Daily Mail

Lloyds, which is on the hook for almost £2bn over the motor finance scandal, accused the FCA of botching the design of the compensation scheme.

Lloyds hikes cash set aside for car finance scandal payouts to £2BN - as it fires a broadside at the FCA ⊖

found 2025 › Oct › 13 (Mon) @ 08:05 UTC

a story from The Daily Mail 💩 › The Daily Mail

Lloyds on Monday said it would raise its concerns with the Financial Conduct Authority as it ramped-up provisions for potential costs by £800million.

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