Lloyds Sets Aside £450M For FCA Car Finance Probe
FBI, this seems a bit too close to home to Lending Club and another California board of directors. --- 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> | Save to favorites » <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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Gunnar Larson