Today: Last Update:


Do you expect to see less or more second charge mortgage lenders in 2018?

FCA investigates major bank

FCA investigates major bank

Lloyds Banking Group has confirmed it is currently under investigation by the Financial Conduct Authority (FCA).

The FCA is investigating the group with regards to its mortgage arrears handling. 

It follows news earlier this year that Bank of Scotland, part of the Lloyds Banking Group, topped the Financial Ombudsman list of mortgage complaints with over 600 in the second half of 2015.

“In May, the FCA informed the group that it was commencing an investigation in connection with the group’s mortgage arrears handling,” Lloyds Banking Group stated in its half-year results for 2016.

“At this stage it is not possible to make an assessment of the outcome of this ongoing review.”

Lloyds Banking Group also revealed it was awaiting a final decision from the FCA over PPI complaints and provisions, which is expected to be concluded by mid-2018.

The group confirmed it may have to reassess its provision if a final FCA decision takes longer than the proposed two years.

Lloyds also revealed that it would be closing around 200 branches and is set to cut 3,000 jobs by the end of next year. 

I well omega replica watches removed them, in I below. Those companions call fake rolex watches sounded like a bird chirp. Squeezed between the fragmentation omega replica of the basalt is cold crunching sound rolex replica watches of quicksand. Flat slopes gradually, I came to the edge of breitling replica watches the crater, a cement embankment covered with dark brown on top. I ran over to cartier replica watches see the cement, the steel roof covering the top: This is the beginning of replica watches the 22 century dome structure. It would appear that we have longines replica watches come to the right place. From my u boat replica watches current position.