Lloyds Sets Aside £450M For FCA Car Finance Probe

[Gunnar Larson]

FBI, this seems a bit too close to home to Lending Club and another
California board of directors.


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Lloyds Sets Aside £450M For FCA Car Finance Probe
<https://www.law360.co.uk/financial-services-uk/articles/1805503?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-02-23&read_main=1&nlsidx=0&nlaidx=3>

By Sam Tabahriti

Lloyds Banking Group said Thursday that it has set aside £450 million ($570
million) for potential legal expenses and compensation costs from a
Financial Conduct Authority investigation into its past car-financing
practices.

Read full article »
<https://www.law360.co.uk/financial-services-uk/articles/1805503?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-02-23&read_more=1&nlsidx=0&nlaidx=3>
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<https://www.law360.co.uk/financial-services-uk/articles/1805503?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-02-23&read_later=1&nlsidx=0&nlaidx=3>
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