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The IndependentLloyds Banking Group will phase out the Halifax brand and move all customer accounts to Lloyds. The change follows reports in May that the group was considering dropping Halifax as a separate brand.
techcentral.co.zaThe bank aims to expand its AI team to 1,000 staff by September. The move comes weeks before chief executive Charlie Nunn unveils a new multi-year strategy.
money-watch.co.ukThousands of customers using Lloyds Bank, Halifax and Bank of Scotland services reported access problems on Wednesday morning. The bank said it was working to restore service.
The IndependentResearch commissioned by Lloyds Banking Group estimates that wider use of banking app features could generate around £100 billion in national economic value. The study identifies seven areas where digital tools may help users reduce costs or improve returns.
Lloyds Banking Group has identified an additional 80,508 customers whose transaction details may have been exposed in a March IT glitch, increasing the total to over 500,000. The bank has paid £201,000 in compensation to 5,250 individuals and £62,000 in goodwill payments to 1,625…
Substrate placeholder — needs reviewSeveral European stocks showed gains and losses during the trading session. Shell and Fagron each rose 1.1 percent, while Lloyds Banking Group increased by 0.7 percent. Kering declined by 0.6 percent, and Pernod Ricard fell by 0.2 percent.