February 27, 2024 BY PureContent
Lloyds Makes £450m Provision to Cover Possible Regulatory Issues
The FCA investigation was launched in January this year, following complaints from members of the public who believe they were charged too much commission to arrange finance for car purchases. According to the Financial Ombudsman, around 17,000 complaints have been received so far. This raises the prospect of the bank being forced to pay compensation…
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