UK’s Lloyds raises motor finance mis-selling charge by $1.1 billion
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UK’s Lloyds raises motor finance mis-selling charge by $1.1 billion
Welcome to A to Z News! Lloyds Banking Group has announced a further $1.1 billion provision to cover potential compensation related to car finance mis-selling claims. Regulators are investigating whether consumers were charged unfair interest rates through hidden commissions. The move increases Lloyds’ total exposure to one of the UK’s ...
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