Lloyds Banking Group

428 results about this entity

Period: 21 Aug 2009 - 27 Mar 2025

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

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

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

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.

Lloyds' former security head jailed for nine years for £2.4 million swindle

Lloyds' former security head jailed for nine years for £2.4 million swindle

Lloyds' former head of fraud and security for digital banking has received a nine-year jail sentence after pleading guilty to stealing £2.4 million from the UK banking group.

MPs call on Lloyds and RBS to scrap ATM access limits

MPs call on Lloyds and RBS to scrap ATM access limits

MPs have called on Lloyds TSB and Royal Bank of Scotland to remove their restrictions on customers with basic accounts using rivals' cash machines.

Former Lloyds online security head pleads guilty to £2.46m fraud

Former Lloyds online security head pleads guilty to £2.46m fraud

Lloyds' former head of fraud and security for digital banking has pleaded guilty in connection with a £2.46 million fraud.

London 2012: The social media Games

London 2012: The social media Games

With the London 2012 Olympic Games opening ceremony just hours away, sponsors from the financial services world have been bombarding Facebook, Twitter and YouTube with promotional gimmicks in a bid to secure a return on their multi-million dollar investments.

Lloyds to run IT for Co-op branch network

Lloyds to run IT for Co-op branch network

The bargain-basement acquisition of 632 Lloyds bank branches and 754 ATMs by the UK's Co-operative group includes a long-term technology services agreement between the two parties.

Former Lloyds online security head charged with £2.46m fraud

Former Lloyds online security head charged with £2.46m fraud

Lloyds' former head of fraud and security for digital banking has been charged in connection with a £2.46 million fraud.

HSBC moves to contactless as standard on all UK-issued debit cards

HSBC moves to contactless as standard on all UK-issued debit cards

HSBC is to join Barclays Bank by introducing contactless technology as a standard feature on all new debit cards in circulation.

Lloyds cuts 100 IT jobs, offshores 300

Lloyds cuts 100 IT jobs, offshores 300

Lloyds Banking Group is axing 100 IT jobs and transferring another 300 to India as part of a wider cull, decried as "brutal" by unions, at the taxpayer-backed institution

Lloyds axes 990 UK back office roles

Lloyds axes 990 UK back office roles

Lloyds Banking Group (LBG) is preparing to shut down several UK back office sites, with the loss of 990 roles.

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