Lloyds Banking Group

413 results about this entity

Period: 21 Aug 2009 - 09 Jan 2025

Lloyds plans IPO for TSB branch network after Co-op pulls out of deal

The Co-operative Group has pulled out a deal to buy 632 branches from Lloyds Banking Group, which says it will now spin off the network in an IPO.

Lloyds victorious at Microsoft's Digital Wallet Foundry

A two-man team from Lloyds TSB has won top honours at Microsoft's week long Digital Wallet Foundry identity and loyalty hack-a-thon in London with a proof-of-concept application to ease customer verification at the check out.

Lloyds to offshore more IT jobs

Lloyds Banking Group has been slammed by union Unite over plans to offshore 190 IT jobs as part of larger round of 940 UK layoffs.

Co-op may be forced into £200 million IT write-off if Lloyds deal goes ahead

The UK's Co-operative Bank may be forced to write down £200 million in IT costs if it completes its agreement to buy 632 Lloyds Bank branches.

Faster Payments goes slow for Lloyds customers

Lloyds Banking Group was hit by a technical problem yesterday which left customers unable to send or receive money through the Faster Payments system.

UK banks get behind m-payments service ahead of 2014 launch

The UK banking sector is gearing up for the introduction of an industry-wide mobile payments service next spring, with eight major institutions committed to the launch.

Lloyds' disaster recovery put to the test in employment tribunal case

A senior Lloyds executive is suing the British bank for £1 million in lost earnings, alleging that he was forced out of his crisis management post after blowing the whistle on "startling" failures in IT disaster recovery systems.

New Year celebrations delayed by Lloyds ATM failure

New Year's celebrations got off to a rocky start for thousands of Brits on Monday thanks to a glitch at Lloyds Banking Group which left customers unable to withdraw cash from ATMs.

UK govt tells banks to hand over account data to customers

The UK government has warned banks that it is prepared to legislate to force them to hand over current account and credit card data to customers who request it.

FSA fines Bank of Scotland over costly legacy computer lash-up

The Financial Services Authority (FSA) has fined Bank of Scotland (BOS) £4.2 million for computer system failures which meant it held inaccurate mortgage records for 250,000 of its customers. As a result of the failings, the bank mistakenly made £20.4 million in goodwill payments to some customers who did not deserve the cash bonanza.

Santander blames IT integration issues for RBS branch network deal collapse

Spanish banking giant Santander has pulled out of its deal to buy 316 UK branches from the Royal Bank of Scotland (RBS), blaming IT integration costs and complications.

Lloyds Banking Group and Co-op customers hit by systems glitches

Large numbers of Brits have been unable to access their accounts online and withdraw cash from ATMs after separate systems problems at Lloyds Banking Group and the Co-operative Bank.