Lloyds Banking Group: State-backed Lloyds Banking Group agrees to pay GBP 117M in settlement over the way it handled complaints about payment protection insurance (PPI). The group already set aside GBP 12 bn to cover the cost of compensating those mis-sold PPI. It appears that this bank is lingering around with historic issues again and hence the upside potential of the share price is again very vague until further notice.
Lloyds Banking Group
05/06/2015